1150 5Th St Charlottesville, VA 22902
Sponsored
Property size:
5,200 SF- Added:
- Dec 11, 2024
- Days on Market:
- 394
Property Features for 1150 5Th St
General Information
- Property type
- Individual retail properties
- Square Feet
- 5,200 SF
- Class
- A
- Lot Size
- 79,715 SF
Building Details
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
HighLights
- Iconic Charlottesville location at I‑64 & 5th Street Station, a 475,000 SF retail center anchored by Wegmans.
- High barriers to entry; limited comparable developable sites in Charlottesville/Albemarle County.
- Excellent access to UVA, Downtown Charlottesville, and I‑64.
- New 20‑year ground lease with Wawa, including 10% rent escalations every five years.
- Investment‑grade tenant Wawa (Fitch: BBB) with over 1,000 locations and $19B in annual revenue.
- Strong market with affluent demographics and consistent population & rent growth.
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Charlottesville
- County
- Albemarle
- State
- Virginia
- Longitude
- -78.502431078702
- Latitude
- 38.012298171004
Nearby Similar for Sale
FAQs
Where is this individual retail property located?
The property is located at 1150 5Th St Charlottesville, VA.
What is the asking price?
The asking price for this property is $9,400,000.
What are key features of this property?
This property features: Iconic Charlottesville location at I-64 & 5th Street Station, a 475,000 SF retail center anchored by Wegmans.; High barriers to entry; limited comparable developable sites in Charlottesville/Albemarle County.; Excellent access to UVA, Downtown Charlottesville, and I-64.
