Listed by TSCG The Shopping Center Group Norfolk, Retail Property Advisors
Unpriced
Fashion Square at Rio
Details
Property Type Retail, Mixed Use
Sub Type Shopping Center, Multi-development
Square Footage 572,000
Zoning Multi-use
1600 Rio Rd E, Charlottesville, VA 22901
Marketing description
An exciting new redevelopment opportunity that is well situated and zoned for multi-use in charlottesville, va. This redevelopment will further be advanced by home depot's first store in charlottesville on an adjoining parcel on the north end of the site. The dynamic charlottesville market is only a two hour drive south from washington, dc and an hour west of richmond, va. Mall Redevelopment Investment Opportunity.
Investment highlights
- The Home Depot recently delivered on the former Sears parcel, reinforcing the corridor’s
- retail strength
- Approximately ±21.56 acres available for phased redevelopment (subject to survey)
- Includes four outparcels
- Located within the Rio29 Overlay District, allowing for multi-use redevelopment
- Existing ownership structure enables coordinated development across parcels
- Belk operates on a separately owned parcel and is not included in the offering, while continuing to serve as a complementary anchor driving traffic to the site
Listing Contacts
Listed by TSCG The Shopping Center Group Norfolk, Retail Property Advisors
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