Property profile

504 Pantops Ctr Charlottesville, VA 22911

OFF-MARKET
Retail properties & Spaces
16 ac lot Built 1984
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Property summary

AI-generated overview

This single-story, 16-acre Pantops Shopping Center in Charlottesville, VA (zip code 22911), built in 1984, offers multiple retail spaces for lease. The center is zoned PDSC and features a total of 13,600 square feet of vacant space, divisible into units ranging from 1,200 to 5,500 contiguous square feet. Currently, available spaces include 1,600, 2,000, 4,500, and 5,500 square feet. The property boasts a prime location near I-64 (exit 124), downtown Charlottesville, and Route 29N, benefiting from high traffic volume and visibility. Anchored by Food Lion, Roses, and Dollar Tree, this grocery-anchored center offers competitive lease rates and triple net terms. The Pantops Mountain area is experiencing significant growth, making this a compelling opportunity within a thriving retail corridor. The property's APN is 07800-00-00-017D0. Three new tenants are slated to open by Summer 2024, further enhancing the center's appeal and potential. This location offers a unique blend of accessibility, established anchors, and growth potential.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1984
Lot 16 ac (696,960 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pet Grooming Service

Location

504 Pantops Ctr Charlottesville, VA 22911
Charlottesville metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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