DaVinci Center office park

Office for Lease
Catylist Listing ID: 30820328
Property Subtypes: Executive Suites, Governmental, High-Tech, Institutional, Medical, Office Building, Research & Development, Other
Contiguous Space: 7,329 SF
Building Size (RSF): 11,911 SF
Gross Land Area: 0.57 Acres
Lease Rate: $26 PSF (Annual)
Base Monthly Rent: $15,879
Lease Types: Modified Gross, Other
Building Name: DaVinci Center
Class of Space: Class A
Usable Size (USF): 7,329 SF
Last Updated: 11/12/2022

Overview / Comments

Great North Downtown Multi-tenant Property.
Priced at a 6.25 cap rate with development possibilities.
Make a 6.25 cap return while planning a North Downtown Development project 60+ units possible
OCCUPIED BY: Multiple Tenants.
DIRECTIONS: No showings without notice.
PROPERTY ON GROUND LEASE: No

Expand All Available Space

Suite: 315 10th street 7,329 SF $26 PSF (Annual) Modified Gross,Other
Level/Floor: all 3 floors
Space Available: 7,329 SF
Lease Rate: $26 PSF (Annual)
$15,879 (Monthly)
Lease Type: Modified Gross,Other
Space Description: Three floors of class A medical space.
Elevator services all floors.
Off street parking and close to everything downtown.
Currently operating as medical office and Available January 1st
CAM Includes utilities and all common area maintenance
Lessor pays real estate taxes and insurance
Parking is 12 dedicated spaces and 3 shared handicapped spaces
More offices than listed, 2 kitchenettes and 6 bathrooms
Space Subcategory: Medical, Research & Development
Date Available: 1/1/2023
Lease Term: 60 Months
Space Type: Relet
Conference Rooms: 4
Offices 12
Kitchen Yes
Parking Spaces 12
CAM Expenses $775 PSF (Annual)
Rent Escalators Description 4% or CPI
Rent Concession TBD

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Taxing Authority: Charlottesville
Tax ID/APN: 530276000
Zoning: DN NORTH DOWNTOWN CORRIDOR MIXED USE
Property Located Between: 10th and East Jefferson
Property Visibility: Excellent
Highway Access: Easy access to 64 and 29 corridor
Airports: CHO
Site Description: Three buildings. 100% full. 7329 sq. ft. free standing building medical use. 4582 sq. ft. occupied by two long term tenants
Area Description: Right in the heart of North Downtown Charlottesville. Build 60+ units or just increase rents annually for a great return
Total Number of Buildings: 3
Number of Stories: 3
Typical SF / Floor: 2,000 SF
Year Built: 1914
Year Renovated: 2017
Roof Type: Other
Construction/Siding: Brick
Exterior Description: Three buildings variety of Brick and siding. Long term tenants with annual increases.
Parking Type: Surface
Parking Description: Surface lot with 25 spaces
Total Parking Spaces: 26
Passenger Elevators: 1
Freight Elevators: 1
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite, T1/T3, Gigabit, Fiber Optic
Interior Description: Various office and flex space Medical space for owner occupied possibility Owner Occupied opportunity with added income......perfect for medical group looking to own adjacent to New Sentara project
Zoning Description: 4.0 Commercial & Industrial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT,PAR X,LOTS 1,2&3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,578 75,693 88,263
Median Age: 35.38 32.05 33.52
Households: 5,837 29,927 35,026

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