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5th Street Station 5th St 1,645 - 10,643 SF of Retail Space Available in Charlottesville, VA 22902
Highlights
- Regional shopping destination anchored by Wegmans and Dick’s House of Sport.
- Less than 10 minutes from the University of Virginia.
- Established mix of retail, dining, entertainment, and service tenants.
- Located at the intersection of Interstate 64 and 5th Street Parkway.
- Multiple turnkey second-generation restaurant opportunities available.
- Visibility and signage opportunities within a high-traffic retail environment.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1300 B | 2,459 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 1600 | 2,226 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 1600A | 1,645 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 1600B | 4,313 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
325 Merchant Walk Sq - 1st Floor - Ste 1300 B
Turnkey second-generation restaurant space featuring existing restaurant infrastructure and private as well as shared patio seating overlooking The Yard dining area.
- Fully Built-Out as a Restaurant or Café Space
325 Merchant Walk Sq - 1st Floor - Ste 1600
High-end restaurant build-out with patio potential. The space is positioned adjacent to Alamo Drafthouse and is configured for immediate restaurant occupancy.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
325 Merchant Walk Sq - 1st Floor - Ste 1600A
Second-generation restaurant space with a high-end build-out. The layout offers a rare smaller-format restaurant opportunity with existing restaurant improvements.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
325 Merchant Walk Sq - 1st Floor - Ste 1600B
Configured for retail, medical, or restaurant occupancy. The suite offers flexible interior functionality and supports a variety of business operations.
- Partially Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 5th Street Station
- Tenant
- Description
- US Locations
- Reach
- Basil Thai Cuisine
- Restaurant
- 1
- Local
- Dollar Tree
- Dollar/Variety/Thrift
- 9,261
- International
- Extreme Pizza
- Pizza
- 27
- National
- Marshalls
- Dept Store
- 1,617
- International
- My Local Infusion
- Health Care
- 39
- National
- Sola Salons
- Salon/Barber/Spa
- 795
- National
| Tenant | Description | US Locations | Reach |
| Basil Thai Cuisine | Restaurant | 1 | Local |
| Dollar Tree | Dollar/Variety/Thrift | 9,261 | International |
| Extreme Pizza | Pizza | 27 | National |
| Marshalls | Dept Store | 1,617 | International |
| My Local Infusion | Health Care | 39 | National |
| Sola Salons | Salon/Barber/Spa | 795 | National |
Property Facts
| Total Space Available | 10,643 SF | Frontage | 5th Street |
| Center Type | Power Center | Gross Leasable Area | 451,721 SF |
| Parking | 2026 Spaces | Total Land Area | 47.68 AC |
| Stores | 11 | Year Built | 2016 |
| Center Properties | 11 |
| Total Space Available | 10,643 SF |
| Center Type | Power Center |
| Parking | 2026 Spaces |
| Stores | 11 |
| Center Properties | 11 |
| Frontage | 5th Street |
| Gross Leasable Area | 451,721 SF |
| Total Land Area | 47.68 AC |
| Year Built | 2016 |
About the Property
5th Street Station is an open-air retail center located on 5th Street Parkway in Charlottesville, Virginia. The property contains nearly 452,000 square feet of retail and dining space on 73 acres and is situated at the intersection of Interstate 64 and 5th Street Parkway. Major tenants include Wegmans, Dick’s House of Sport, Havertys, Planet Fitness, Marshalls, PetSmart, and Alamo Drafthouse Cinema. Available spaces include Suites 1300B, 1600, 1600A, and 1600B. The property is located less than ten minutes from the University of Virginia.
Nearby Major Retailers
