400 PEOPLE PL

Retail-Commercial for Lease
Also listed as Vacant Land
Catylist Listing ID: 30196542
Property Subtypes: Free-Standing Building, Other
Building Status: Proposed
Contiguous Space: 11,920 - 51,231 SF
Gross Building Area: 51,231 SF
Gross Land Area: 4 Acres
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $85,385
Lease Types: Ground Lease, Other
Last Updated: 8/8/2019

Overview / Comments

Build to Suit or land lease option is available for this space and is approved for a 50,000 square foot building.

Pantops Park will consist of two development phases incorporating two non-residential buildings. Phase I was completed in March, 2008 and is the home of Virginia National Bank. Pantops Park Phase II will serve a range of office, retail support, and professional businesses within a Class A, multi-story building. Incredible views of Monticello and the surrounding Blue Ridge Mountains compliment each office space. Phase II has the option of build to suit or land lease. Pantops Park design is based on the new Neighborhood Model District with walking paths through a park like plaza and interconnected parking.

Contact Robert or Betsy for more information.

Expand All Available Space

Available Space 51,231 SF $20 PSF (Annual) Ground Lease,Other
Space Available: 51,231 SF
Minimum Divisible: 11,920 SF
Lease Rate: $20 PSF (Annual)
$85,385 (Monthly)
Lease Type: Ground Lease,Other
Space Description: Build to Suit or land lease option is available for this space and is approved for a 50,000 square foot building.

Pantops Park will consist of two development phases incorporating two non-residential buildings. Phase I was completed in March, 2008 and is the home of Virginia National Bank. Pantops Park Phase II will serve a range of office, retail support, and professional businesses within a Class A, multi-story building. Incredible views of Monticello and the surrounding Blue Ridge Mountains compliment each office space. Phase II has the option of build to suit or land lease. Pantops Park design is based on the new Neighborhood Model District with walking paths through a park like plaza and interconnected parking.
Date Available: 4/1/2017
Lease Term: 5 Months
Space Type: New

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Taxing Authority: County of Albemarle
Zoning: NMD NEIGHBORHOOD MODEL DEVELOPMENT
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Pantops Branch of Virginia National Bank & Pantops Shopping Center
Property Visibility: Good
Largest Nearby Street: Route 250 (Richmond Road)
Highway Access: Route 250, Interstate 64
Airports: Charlottesville Albemarle Airport 11 miles
Site Description: Pantops Park will consist of two development phases incorporating two non-residential buildings. Phase I was completed in March, 2008 and is the home of Virginia National Bank. Pantops Park Phase II will serve a range of office, retail support, and professional businesses within a Class A, multi-story building. Incredible views of Monticello and the surrounding Blue Ridge Mountains compliment each office space. Phase II has the option of build to suit. A land lease is also available for this phase and approved for a 50,000 square foot building. Pantops Park design is based on the new Neighborhood Model District with walking paths through a park like plaza and interconnected parking.
Area Description: Pantops Park is located near one of the most prominent business intersections in Albemarle County, within close proximity to the new Martha Jefferson Hospital, Hilton Garden Inn, Pantops Shopping Center, I-64 and Downtown Charlottesville, creating direct accessibility to and from the inter-city as well as Albemarle County.
Tenancy: Multiple Tenants
Number of Stories: 4
Typical SF / Floor: 12,800 SF
Construction/Siding: Other
Exterior Description: Pantops Park Phase II has the option of build to suit. A land lease is also available for this phase and approved for a 50,000 square foot building.
Parking Type: Surface
Parking Description: Private 11+ Spaces
Interior Description: Pantops Park Phase II has the option of build to suit. A land lease is also available for this phase and approved for a 50,000 square foot building.
Zoning Description: Pantops Park design is based on the new Neighborhood Model District with walking paths through a park like plaza and interconnected parking.
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel ID 07800-00-00-01600

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,538 59,801 90,860
Median Age: 36.85 33.28 33.62
Households: 2,652 24,906 35,948

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