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Pantops Shopping Center 540-592 Pantops Ctr
1,600 - 13,600 SF of Retail Space Available in Charlottesville, VA 22911
Highlights
- Historically low Vacancy Rate
- Close proximity to I-64, downtown Charlottesville, and Route 29N
- Pantops Mountain is home to Martha Jefferson Hospital, State Farm Campus, and numerous residential developments
- Anchors include Food Lion, Roses, Dollar Tree
- Pantops Mountain continues to grow and develop into a fantastic alternative to Route 29 North retail corridor
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 508 | 2,000 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $3,000 /MO $36,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 524-532 | 4,500 SF | 3-5 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $6,750 /MO $81,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 588-592 | 5,500 SF | 3-5 Years | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $9,167 /MO $110,000 /YR | Triple Net (NNN) |
540-592 Pantops Ctr - 1st Floor
- Spaces available ranging from 1,200 – 5,500 SF - Historically high sales volume at this Food Lion location - Close proximity to I-64, downtown Charlottesville, and Route 29N - Pantops Mountain continues to grow and develop into a fantastic alternative to Route 29 North retail corridor - Pantops Shopping Center is one of two grocery anchored centers on Pantops, just east of downtown Charlottesville and off of I-64, exit 124. Anchored by Food Lion, Roses, and Dollar Tree, this Center offers the lowest grocery anchored rents and triple nets in town - Spaces available: 1,600 SF; 2,000 SF; 4,500 SF; and 5,500 SF - Three new tenants to open by Summer 2024
- Lease rate does not include utilities, property expenses or building services
540-592 Pantops Ctr - 1st Floor - Ste 508
- Spaces available ranging from 1,200 – 5,500 SF - Historically high sales volume at this Food Lion location - Close proximity to I-64, downtown Charlottesville, and Route 29N - Pantops Mountain continues to grow and develop into a fantastic alternative to Route 29 North retail corridor - Pantops Shopping Center is one of two grocery anchored centers on Pantops, just east of downtown Charlottesville and off of I-64, exit 124. Anchored by Food Lion, Roses, and Dollar Tree, this Center offers the lowest grocery anchored rents and triple nets in town - Spaces available: 1,600 SF; 2,000 SF; 4,500 SF; and 5,500 SF - Three new tenants to open by Summer 2024
- Lease rate does not include utilities, property expenses or building services
540-592 Pantops Ctr - 1st Floor - Ste 524-532
- Spaces available ranging from 1,200 – 5,500 SF - Historically high sales volume at this Food Lion location - Close proximity to I-64, downtown Charlottesville, and Route 29N - Pantops Mountain continues to grow and develop into a fantastic alternative to Route 29 North retail corridor - Pantops Shopping Center is one of two grocery anchored centers on Pantops, just east of downtown Charlottesville and off of I-64, exit 124. Anchored by Food Lion, Roses, and Dollar Tree, this Center offers the lowest grocery anchored rents and triple nets in town - Spaces available: 1,600 SF; 2,000 SF; 4,500 SF; and 5,500 SF - Three new tenants to open by Summer 2024
- Lease rate does not include utilities, property expenses or building services
540-592 Pantops Ctr - 1st Floor - Ste 588-592
- Spaces available ranging from 1,200 – 5,500 SF - Historically high sales volume at this Food Lion location - Close proximity to I-64, downtown Charlottesville, and Route 29N - Pantops Mountain continues to grow and develop into a fantastic alternative to Route 29 North retail corridor - Pantops Shopping Center is one of two grocery anchored centers on Pantops, just east of downtown Charlottesville and off of I-64, exit 124. Anchored by Food Lion, Roses, and Dollar Tree, this Center offers the lowest grocery anchored rents and triple nets in town - Spaces available: 1,600 SF; 2,000 SF; 4,500 SF; and 5,500 SF - Three new tenants to open by Summer 2024
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Pantops Shopping Center
- Dollar Tree
- Food Lion
- Roses
PROPERTY FACTS FOR 540-592 Pantops Ctr , Charlottesville, VA 22911
| Center Type | Community Center | Gross Leasable Area | 175,443 SF |
| Parking | 1,020 Spaces | Total Land Area | 46.82 AC |
| Stores | 34 | Year Built | 1984 |
| Center Properties | 5 |
| Center Type | Community Center |
| Parking | 1,020 Spaces |
| Stores | 34 |
| Center Properties | 5 |
| Gross Leasable Area | 175,443 SF |
| Total Land Area | 46.82 AC |
| Year Built | 1984 |
About the Property
• Spaces available ranging from 1,200 – 5,500 SF • Historically high sales volume at this Food Lion location • Close proximity to I-64, downtown Charlottesville, and Route 29N • Pantops Mountain continues to grow and develop into a fantastic alternative to Route 29 North retail corridor • Pantops Shopping Center is one of two grocery anchored centers on Pantops, just east of downtown Charlottesville and off of I-64, exit 124. Anchored by Food Lion, Roses, and Dollar Tree, this Center offers the lowest grocery anchored rents and triple nets in town • Spaces available: 1,600 SF; 2,000 SF; 4,500 SF; and 5,500 SF • Three new tenants to open by Summer 2024
Nearby Major Retailers
-
Leigh Hughes -
Colliers | Virginia
Presented by
Pantops Shopping Center | 540-592 Pantops Ctr
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