Former Downtown Grille Restaurant Space

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30612510
Property Subtypes: Restaurant
Contiguous Space: 3,000 - 6,569 SF
Gross Building Area: See Agent
Lease Rate: $30 PSF (Annual)
Base Monthly Rent: $16,422
Lease Types: NNN
Last Updated: 6/27/2020

Overview / Comments

Truly rare opportunity. Ground floor turnkey restaurant space for lease in iconic 100 year old Downtown Mall building. Best location in downtown Charlottesville. First vacancy in over 20 years. High visibility corner on Mall crossing street. Former Downtown Grille space, a high end steakhouse opened in 1999, renovated in 2013. Turnkey restaurant operation included with lease. Outdoor patio space available. Attentive and professional property management.

Restaurant has the following: Bar area with handsome finishes, waiting area, open table seating as well as booth tables, private dining room/event space, open kitchen design for guest viewing, large prep kitchen with 2 walk-ins and freezer, hood ventilation systems, storage area, two server stations, office area with employee bathroom, both rear and side delivery areas.

Turnkey restaurant:
*Iconic restaurant space ready for next Tenant
*Prominent Downtown Mall location
*Fully Built Out as a Restaurant or Café Space
*Large Mostly Open Floor Plan Layout
*Private Dining/Event Room
*Pedestrian Mall Outdoor Dining Area
*Iconic Bar Area (with French Door access and views of Downtown Mall)
*2 Kitchens (one with Dining Room Viewing)
*Space is in Excellent Condition
*High Ceilings
*Recessed Lighting
*Natural Light
*Central Air and Heating
*Private Restrooms
*Walk-in Freezer
*2 Walk-in Refrigerators
*Hood Ventilation Systems
*Exterior Fenced Garbage Storage Area
*Multiple Delivery Doors
*Closed Circuit Television Monitoring (CCTV)
*Alarm System
*Wi-Fi Connectivity

Co-listed with Leigh Hughes, Colliers International. 434-284-4007 Ext. 11.

Expand All Available Space

Suite: Downtown Mall Space 6,569 SF $30 PSF (Annual) NNN
Level/Floor: Ground
Space Available: 6,569 SF
Minimum Divisible: 3,000 SF
Lease Rate: $30 PSF (Annual)
$16,422 (Monthly)
Lease Type: NNN
Space Description: Iconic 100 year old Downtown Mall building on the corner of one of only two drive over cross through streets on the historic Downtown Mall. Outdoor patio space available to lease from City. Former Downtown Grille space, a high end steakhouse for over 20 years. Restaurant has the following: Bar area with handsome finishes, waiting area, open table seating as well as booth tables, private dining room/event space, open kitchen design for guest viewing, large prep kitchen with 2 walk-ins and freezer, hood ventilation systems, storage area, two server stations, office area with employee bathroom, both rear and side delivery areas, exterior fenced garbage storage area.
Space Subcategory: Office Building
Date Available: 5/27/2020
Space Type: Relet
Rent Escalators Percentage Lease
Rent Escalators Description 3% or CPI, whichever is greater
Rent Concession Free rent and reduced rent during first year of a 10 year lease (for leases beginning during COVID restrictions).

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Tax ID/APN: 6703.000000000000000
Retail Clientele: Business, Tourist, Other
Property Located Between: Premiere location directly on Charlottesville's Downtown Mall
Property Visibility: Excellent
Largest Nearby Street: 2nd St NW
Tenancy: Multiple Tenants
Number of Stories: 3
Property Condition: Excellent
Year Built: 1920
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Brick
Parking Description: 2 parking spaces available in the rear of the building
Sprinklers: Wet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,121 74,755 88,263
Median Age: 31.01 31.81 33.52
Households: 9,572 29,543 35,026

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