Colliers is pleased to present Seminole Lane Shops, a 75% leased, unanchored retail strip center totaling 7,862 SF, located in Charlottesville, VA along the dominant retail corridor of Rt 29, seen by over 52,000 vehicles per day. Anchored by the University of Virginia, Charlottesville is a high barrier to entry market with exploding economic and residential growth in the region. The asset is leased to a strong collection of service-oriented tenants with an average tenure of over 13 years.. Additionally, there’s significant upside through long-term lease up, mark to market rent growth, and conversion of reimbursement structures to NNN.

The strategic location within the dynamic Charlottesville market, stable rent roll, and tangible value-add levers provide an extremely exciting investment opportunity.