Charlottesville Is Ranked in the Top Fifteen Cities in the Country for Their Love of Dining Out" the NPD GROUP's ANNUAL RECOUNT SURVEY
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TURN-KEY RESTAURANT OPPORTUNITY "Charlottesville is ranked in the top fifteen cities in the country for their love of dining out" THE NPD GROUP'S ANNUAL RECOUNT SURVEY CHARLOTTESVILLE, VA THE CENTER The Shops At Stonefield is your premier destination in Charlottesville, VA. Experience an elegant mix of retail shopping, dining, entertainment, hotels and more. Conveniently located in beautiful and thriving Charlottesville, guests will enjoy shopping amid some of the world’s most sought- after luxury brands including L.L. Bean, Lululemon, Pottery Barn, Brooks Brothers, Williams- Sonoma, Vineyard Vines, and L’Occitane. Dine-in critically acclaimed restaurants such as Burton’s Grill & Bar, Travinia, BJ’s Brewhouse, Mezeh, Burger Bach, and Duck Donuts. INGLEWOOD DRIVE FUTURE APTS 250 UNITS 137 KEY DISTRICT AVENUE 4,336 SF 75180 5,435 SF 75160 FUTURE HYATT HOUSE 110 KEY 4,299 SF 75154 800 SF 3,200 SF 75130 75140 1,645 SF (no other on property) 75120 FUTURE RETAIL Bond Street 12,500 SF 66,429 SF 6,980 SF 75100 1954 75100 SF 6,980 HYDRAULIC ROAD (19,000VPD) LOCATION DETAILS LOCATION 3,500 SF 50180 1,583 SF Turn key restaurant operation with usable infrastructure key Turn and FF&E Ideal opportunity for Italian restaurant Endcap location with a large outdoor patio dining area Nearly 500 apartment distance homes within walking Hotel. Consistently runsHyatt Place- 137 Key at 95% occupancy Proposed Hyatt House -110 rooms to be added adjacent to current on lease plan hotel on site as shown of from University 1.5 miles away Virginia 6,980 Total square feet 6,980 Total 50170 1,880 SF THE OPPORTUNITY • • • • • • • • 50150 4,048 SF 55180 3,225 SF 50140 RED HANDED COFFEE GRIT 5,858 SF SALON NOODLES & FUTURE 55150 COMPANY 2,400 SF RETAIL MARROW CRATE & CRATE 50130 KENDRA SCOTT KENDRA MINCER’S AVAILABLE 4,500 SF CHOCOLATESVILLE 7,100 SF ALTAR’D STATE ALTAR’D 2,780 SF 2,020 SF WHIMSIE’S SUNGLASS HUT 55120 50120 50110 PROPOSED PROPOSED CLUB PREP CLUB COUNTRY HARDWOOD ARTISANS HARDWOOD MAGGIIANO’S SWANSON DRIVE DUCK DONUTS PROPOSED THE ELEMENTS HOT YOGA HOT THE ELEMENTS 2ND MOST 2ND MOST 1,112 SF 786 SF 1,655 SF AVAILABLE 35180 35170 1,960 SF FREQUENTED ENTRANCE FREQUENTED 35185 5,766 SF 35160 FIXED FRUIT 2,116 SF 10,330 SF 30180 75150 1,896 SF L’OCCITANE 1951 2,000 SF UNTUCKIT POSHABILITIES 35190 35150 AVEDA FACE VALUE SALON VALUE FACE AVEDA 1,640 SF 35130 Street Bond SEPHORA 1,523 SF RESTAURANT RESTAURANT BLOOP 35125AVAILABILITY ALEX AND ANI 1,975 SF 35120 BACH BURGER 11,962 SF 30150 2,900 SF 3,000 SF 2,141 SF 35105 35110 30110 1,100 SF 938 SF 20170 20150 4,284 SF 2,500 SF 1,200 SF 20140 15180 15170 1,082 SF 20130 15160 1,660 SF 6,000 SF 20110 15,000 SF 15110 6,500 SF 12,589 SF 2010 2025 ROUTE 29/SEMINOLE TRAIL ROAD (61,000 VPD) INGLEWOOD DRIVE FUTURE APTS 250 UNITS 137 KEY DISTRICT AVENUE MONUMENT MONUMENT SIGN 4,336 SF 75180 5,435 SF 75160 FUTURE HYATT HOUSE 110 KEY 4,299 SF 75154 800 SF 3,200 SF 75130 75140 1,645 SF 75120 FUTURE RETAIL Bond Street 12,500 SF 66,429 SF 6,980 SF SF 75100 1954 6,980 HYDRAULIC ROAD (19,000VPD) 3,500 SF 50180 1,583 SF 50170 1,880 SF 50150 4,048 SF 55180 3,225 SF 50140 5,858 SF FUTURE 55150 2,400 SF RETAIL 50130 MONUMENT MONUMENT SIGN 4,500 SF LOCATION PROPOSED PROPOSED 7,100 SF 2,780 SF 2,020 SF 55120 50120 50110 OVERALL PLAN OVERALL SWANSON DRIVE 2ND MOST 2ND MOST RED HANDED COFFEE 1,112 SF GRIT 786 SF SALON 1,655 SF 35180 35170 1,960 SF FREQUENTED ENTRANCE FREQUENTED NOODLES & 35185 COMPANY 35160 5,766 SF MARROW 10,330 SF & CRATE 30180 KENDRA SCOTT KENDRA MINCER’S LEASE PLAN AVAILABLE 1951 CHOCOLATESVILLE 1,896 SF 2,000 SF 35190 35150 ALTAR’D STATE ALTAR’D WHIMSIE’S 1,640 SF SUNGLASS HUT Bond Street Bond PROPOSED PROPOSED 35130 1,523 SF CLUB PREP CLUB COUNTRY 35125 1,975 SF HARDWOOD ARTISANS HARDWOOD MAGGIIANO’S 35120 DUCK DONUTS 11,962 SF PROPOSED 30150 THE ELEMENTS HOT YOGA HOT THE ELEMENTS 2,900 SF 3,000 SF 2,141 SF 35105 35110 30110 AVAILABLE FRUIT FIXED FRUIT 2,116 SF 1,100 SF 938 SF 75150 20170 20150 L’OCCITANE UNTUCKIT POSHABILITIES AVEDA FACE VALUE SALON VALUE FACE AVEDA 4,284 SF 2,500 SF 1,200 SF 20140 SEPHORA 15180 15170 RESTAURANT RESTAURANT BLOOP 1,082 SF AVAILABILITY 20130 15160 ALEX AND ANI 1,660 SF BURGER BACH BURGER 6,000 SF 20110 15,000 SF 15110 6,500 SF 12,589 SF 2010 2025 ROUTE 29/SEMINOLE TRAIL ROAD (61,000 VPD) AERIAL FUTURE RETAIL 15,000 SF HYATT PLACE THE TOWNS AT STONEFIELD CHARLOTTESVILLE (104 TOWNHOUSE UNITS) (137 ROOMS) STONEFIELD COMMONS (250 UPSCALE APARTMENTS) PROPOSED COSTCO FUTURE APTS LOCATION 250 UNITS REGAL CINEMA PROPOSED AND IMAX HYATT HOUSE HOTEL 110 ROOMS NORTHROP GRUMMAN SPERRY MARINE DIVISION (800 EMPLOYEES) XFINITY PIER 1 IMPORTS 300,000 SF C & F BANK RETAIL AND DINING L.L.BEAN JARED TRADER JOES BJ RESTAURANT & BREWHOUSE HYDRAULIC ROAD ( 30,000VPD) ROUTE 29/ SEMINOLE TRAIL ROAD 61,000 VPD KEY RETAILERS FASHION LIFESTYLE KEY RETAILERS DINING GRILL ENTERTAINMENT & FITNESS the elements REGAL CINEMAS The Regal Stonefield Stadium 14 & IMAX is the largest theater within 60 miles and brings over 800,000 patrons a year to Stonefield. Regal will undergo an estimated $9 million renovation in 2020 to be completed by 2021. They will upgrade the theater to all the latest state of the art equipment, new food and new seating. DEMOGRAPHICS WITHIN 15 MILES OF THE SHOPS AT STONEFIELD 149,940 $100,021 54,489 34.7 2019 Total Population 2019 Average HHI 2019 Total Households 2019 Median Age SOURCES: 159,012 $112,686 62,156 U.S. Census Bureau 2024 Projected Population 2024 Projected Average HHI 2023 Projected Households Esri Forecasts Glass House Winery TRADE AREA & LOCATION WITHIN 10 MILES OF THE SHOPS Knight’s Gambit Vineyard AT STONEFIELD Meriweather Springs Vineyard Stonefield Commons ® $109,371,332 - Money spent on apparel and services in 2018 Meadowcreek Golf Course Birdwood Golf Course ® $106,342,013Ash Tree -Apartments Money spent on apparel and ® $178,271,632 - Money spent on food away from home servicesUniversity in 2017 of Virginia in 2018 ® 67.23% was the hotel occupancy rate in the 1st quarter of 2018, up 8% from the previous year Jefferson Vineyard ® Over 165 hotels in the vicinity SOURCES: U.S. Census Bureau Esri Forecasts Trump Winery Tasting Room THE MARKET COMMUNITY ® 85,545 residents live within 5 miles ® $56,331 median household Income within 25 minutes ® 146,682 daytime population within 15 minutes ® Stonefield Commons Apartments – 250 units, average monthly rentals $1,500-$2,300 ® The Towns at Stonefield– 120 high-end townhomes, price range $350,000- $450,000 ® Additional 250 apartments planned off Hydraulic Road between Regal Theater and current Stonefield Commons ® Northrop Grumman Corporation's Charlottesville branch is located between the two shopping center phases and is home to 800 employees ECONOMY ® $72,424,213 spent on apparel and services within 5 miles ® $208,426,522 was spent on entertainment & recreation within 15 miles ® Arts Community accounts for $114 million in annual economic activity SOURCES FOR ALL STATS: U.S. Census Bureau Esri Forecasts THE MARKET TOURISM ® Over 31 wineries and vineyards in immediate area. ® 45 hotels in Charlottesville ® Charlottesville attracts 511k annual tourists. Some popular destinations: Monticello, UVA, Michie Tavern, 3: wineries/breweries, Wintergreen Resort and Ashlawn-Highland are top tourist destinations ® $553M total tourism revenues for Charlotesville and Albermarle county ® Hyatt Place – 237 Key hotel. Consistently runs at 95% occupancy ® Additional Hyatt House, 221 rooms to be added adjacent to current hotel on site as shown on attached plan EDUCATION ® University of Virginia has a total enrollment of 23,898 ® UVA ranked 25 in the 2019 edition of Best Colleges and National Universities ® UVA generates $5.9 billion for Virginia economy ® 24,360 students attend University of Virginia ® The economic impact of visitors due to UVA amounted to $35M supporting hotels, restaurants, shops, entertainment and more SOURCES FOR ALL STATS: U.S. Census Bureau Esri Forecasts THANK YOU O'Connor Capital Partners Cushman & Wakefield | Thalhimer Cushman & Wakefield | Thalhimer Francis X. Scire Jr., Senior Vice President John Pritzlaff, IV, Senior Vice President Jenny Stoner, Associate 781.999.1440 | [email protected] 434.234.8416 | [email protected] 434.234.8417 | [email protected] SHOPSATSTONEFIELD.COM WWW.OCONNORCP.COM WWW.THALHIMER.COM.