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Charlottesville Operations Center 1500 State Farm Blvd 362,155 SF 100% Leased Office Building Charlottesville, VA 22909 For Sale

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INVESTMENT HIGHLIGHTS

  • INDEPENDENT CITY LOCATION WITH GREAT REGIONAL ACCESS
  • STRONG ECONOMIC ENVIRONMENT
  • WELL MAINTAINED CAMPUS SETTING AND AMENITIES
  • EXPANSION OR DEVELOPMENT CAPABILITY

EXECUTIVE SUMMARY

Property has investment grade tenant with over five years remaining of term.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
362,155 SF
Building Class
B
Year Built/Renovated
1978/2012
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
362,155 SF
Building FAR
0.15
Lot Size
55.10 AC
Zoning
COMMERCIAL - Commercial Office
Parking
1,080 Spaces (2.98 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Food Service
  • Property Manager on Site
  • Raised Floor
  • Signage
  • Reception
  • Outdoor Seating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07800-00-00-020F0
Land Assessment
$7,980,200
Improvements Assessment
$28,093,900
Total Assessment
$36,074,100
  • Listing ID: 29090899

  • Date on Market: 7/24/2023

  • Last Updated:

  • Address: 1500 State Farm Blvd, Charlottesville, VA 22909

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