PJP III Unit 170 Office Condo

Office for Sale
Catylist Listing ID: 30298391
Property Subtypes: Medical, Other
Condo? Yes
Building Size (RSF): 3,021 SF
Gross Building Area: See Agent
Sale Price: $940,000
Property Use Type: Vacant/Owner-User
Building Name: PJP III
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/27/2019

Overview / Comments

This spacious, class-A office space is adjacent to Martha Jefferson Hospital and has been used as medical office space. The building was constructed in 2006 and features a two-story lobby with marble tile. There is ample parking for employees and customers/patients and a number of walking trails around the surrounding park. The office space consists of a waiting room, receptionist area, six exam rooms (one recently used as supply room), two bathrooms, and a separate entrance for employees providing access to two separate back office rooms, the receptionist area, a bathroom, and the kitchenette. This space can be divided into two separate spaces and sold individually. (See floor plan in Photos and Documents)

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Taxing Authority: Albemarle County
Is Condo?: Yes
Zoning: PLANNED DEVELOPMENT MIXED COMMERCIAL
Property Visibility: Good
Highway Access: Interstate 64 (exit 124), approximately 0.5 miles from property
Airports: Charlottesville Albemarle Airport - 14 miles
Site Description: Peter Jefferson Pkwy III is one of several office buildings in close proximity to Martha Jefferson Hospital.
Area Description: The immediately surrounding Pantops area is home to several established residential communities, office and retail spaces and thriving shopping centers. Charlottesville's popular Downtown Mall is apprx 3 miles by car.
Number of Stories: 3
Year Built: 2006
Parking Type: Surface
Parking Description: Plenty of parking for employees and customers in large lot immediately in front of building entrance.
Interior Description: Most recently used as medical office space
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel ID: 07800-00-00-030D0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 812 30,894 89,154
Median Age: 38.53 36.73 33.61
Households: 516 14,155 35,349
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