1101 Seminole Trl
Charlottesville, VA 22901
Outback Steakhouse · Retail Property For Sale

Property Address: 1101 Seminole Trail – Charlottesville, VA 22901 The subject Outback Steakhouse property is well-situated on Seminole Trail in Charlottesville, Virginia which boasts average daily traffic counts over 55,000 vehicles. Additionally, the intersection of U.S. Highway-29 and Emmitt Street N. bring another 60,000 vehicles to the immediate area daily. There are more than 11,600 individuals residing within a one-mile radius of the property and more than 65,000 individuals within a three-mile radius. By 2024, the population is expected to increase around 5% in the surrounding area. This Outback Steakhouse benefits from its strategic position in a highly dense retail corridor consisting of national and local tenants and shopping centers all within close proximity of this property. Major national tenants in the immediate area include: Burger King, Burton’s Grill & Bar, Trader Joe’s, Whole Foods, Five Guys, McDonald’s, Food Lion, Costco Wholesale, Chick-fil-A, Belk, Starbucks, Wendy’s, Raising Canes, Marshalls, and Best Buy, among many others. This property also benefits significantly from being just 2-miles from The University of Virginia which services over 24,000 students and employs over 15,000 individuals. The University of Virginia Health System is only three-miles away and includes a children’s hospital, a general hospital, several outpatient facilities as well as multiple teaching & educational facilities for students of The University of Virginia. This subject property also benefits from being within a two-mile radius of 16 hotels which accommodate visitors to the University of Virginia and the greater Charlottesville area. Charlottesville is a city in and the county seat of Albermarle County. It is home to the University of Virginia and apart of the Charlottesville Metropolitan Statistical Area. The economy offers a mix of industries: Health Care & Social Assistance, Educational Services, Retail Trade, and Manufacturing. The high-quality workforce, of which 40% have at least a Bachelor’s degree, attracts growing startups as well as major established companies to the area. Major employers include: The University of Virginia, Martha Jefferson Hospital, National Ground Intelligence Center, Northrop Grumman Corp., U.S. Department of Defense, and CFA Institute.