MCRES Chosen to Market 2363 Commonwealth Drive in Charlottesville For Sale

More than 5,000 square foot flex building has in-place tenant until mid-2030

MacKenzie Commercial Real Estate Services, a full-service commercial real estate brokerage firm which operates a regional office in Charlottesville, Virginia, has been chosen as the exclusive sales broker for 2363 Commonwealth Drive, a more than 5,000 square foot building in Charlottesville. Sam Orr, Executive Vice President, and Brian Thomas, Real Estate Advisor are handling the assignment on behalf of the current owner, Neighborhood Properties.

Situated on a half-acre parcel at the intersection of Westfield Drive and Commonwealth Drive, the two-story building is presently 100 percent leased and occupied by early education provider Rita’s Bright Beginnings, which is committed to the building through mid-2030. Renovated last year, 2363 Commonwealth Drive features dedicated parking circulation, 17 parking spaces and a fenced-in outdoor area that currently functions as a play area.

Nearly 105,000 people, including 43,000 households with an average household income approaching $125,000 reside within a five-mile radius of the site.

“Single-tenant buildings of this size are rarely offered for sale, so 2363 Commomwealth Drive provides a unique opportunity for an investor to acquire a stabilized asset in the Charlottesville market,” explained MacKenzie’s Sam Orr. “The property was recently renovated and is located in the heart of Charlottesville’s most established commercial corridor with long-term tenant which supplies built-in cash flow. These characteristics position the property as an extremely compelling investment opportunity.”

The MacKenzie Companies operates five full-service divisions addressing all real estate asset classes including MacKenzie Commercial Real Estate Services, MacKenzie Management, MacKenzie Capital, MacKenzie Contracting and MacKenzie Investment Group. For additional information, visit  Virginia | MacKenzie Commercial Real Estate