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. 12,589 SF

2025

2ND MOST FREQUENTED ENTRANCE

HYDRAULIC ROAD (19,000 VPD) FUTURE FUTURE 4,500 SF RETAIL

SWANSON DRIVE 10,330 SF

1951 250 UNITS FUTURE FUTURE APTS THE OPPORTUNITY LOCATION DETAILS

• 6,980 Total square feet 66,429 SF

• Turn key restaurant operation1954 with usable infrastructure and FF&E • Ideal opportunity for Italian restaurant (no other on property) • Endcap location with a large outdoor patio dining area • Nearly 500 apartment homes within walking distance 1,655 SF RED HANDED COFFEE 1,896 SF • Hyatt Place- 137 Key Hotel. Consistently runs at 95% occupancy

35190 35185 GRIT

SALON • Proposed Hyatt House -110 rooms to be added adjacent to NOODLES & COMPANY current hotel on site as shown on lease plan 2,900 SF

35105 MARROW

35180 CRATE& 786 SF KENDRASCOTT 1,975 SF MINCER’S • 1.5 miles away from University of

35120 7,100 SF AVAILABLE CHOCOLATESVILLE

55120 15,000 SF 2,500 SF 1,112 SF

35170 15180 15110 ALTAR’D STATE DISTRICT AVENUE WHIMSIE’S ROUTE 29/SEMINOLE TRAIL ROAD (61,000 VPD) SUNGLASS HUT 2,000 SF 5,858 SF

35150

55150 PROPOSED 3,000 SF

35110 1,082 SF 1,960 SF 1,640 SF 15160 35160

35130 4,048 SF

55180 1,523 SF CLUB PREP 1,200 SF

COUNTRY 35125

15170 HARDWOOD ARTISANS MAGGIIANO’S DUCK DONUTS PROPOSED 6,980 SF 75100 75100 THE ELEMENTS HOT YOGA 3,200 SF 6,980 SF 75140 INGLEWOOD DRIVE 1,645 SF Bond Street 5,435 SF 75120 75160 AVAILABLE 4,299 SF

75154 FRUIT FIXED 2,116 SF

75130

75150 800 SF 4,336 SF L’OCCITANE

75180 UNTUCKIT POSHABILITIES 1,660 SF 2,780 SF AVEDAFACE VALUE SALON

50120 6,000 SF 20110 Bond Street SEPHORA 5,766 SF 1,100 SF

30180

20170 11,962 SF RESTAURANT BLOOP 4,284 SF AVAILABILITY

20140 30150 ALEX AND ANI 3,225 SF 6,500 SF

50140 20130 2,400 SF

2010

50130 BURGER BACH 2,141 SF

30110 3,500 SF 2,020 SF

50180

50110 1,583 SF 938 SF

50170

20150 1,880 SF

50150 HYATT HOUSE 12,500 SF FUTURE FUTURE RETAIL FUTURE FUTURE 110 KEY 137 KEY INGLEWOOD DRIVE

FUTURE APTS 250 UNITS 137 KEY

DISTRICT AVENUE

MONUMENT MONUMENT SIGN 4,336 SF 75180

THE ELEMENTS HOT YOGA 5,435 SF 75160 FUTURE HYATT HOUSE AVAILABLE 110 KEY 4,299 SF 75154

HARDWOOD ARTISANS 2,116 SF 75150 FRUIT FIXED 800 SF 3,200 SF 75130 75140

DUCK DONUTS 1,645 SF 75120 FUTURE RETAIL

PROPOSED Bond Street 12,500 SF MAGGIIANO’S 66,429 SF

6,980 SF SF 75100

1954 6,980

HYDRAULIC ROAD (19,000VPD)

BURGER BACH 3,500 SF 50180 1,583 SF BLOOP 50170 1,880 SF ALEX AND ANI 50150 4,048 SF RESTAURANT 55180 AVAILABILITY 3,225 SF ALTAR’D STATE 50140

5,858 SF AVEDA FACE VALUE SALON FUTURE 55150 2,400 SF RETAIL 50130 MONUMENT MONUMENT SIGN LOCATION

4,500 SF PROPOSED 7,100 SF 2,780 SF 2,020 SF 55120 50120 50110 OVERALL PLAN OVERALL

SWANSON DRIVE

CHOCOLATESVILLE

2ND MOST 2ND MOST GRIT CRATE & COFFEE MARROW 1,112 SF 1,655 SF 786 SF 35180 35170 1,960 SF FREQUENTED ENTRANCE FREQUENTED 35185 35160 5,766 SF RED HANDED 30180 10,330 SF SALON WHIMSIE’S

LEASE PLAN LEASE 1951 1,896 SF 2,000 SF 35190 35150 1,640 SF AVAILABLE 35130 Street Bond 1,523 SF KENDRA SCOTT 35125 1,975 SF PROPOSED 35120 SUNGLASS HUT 11,962 SF NOODLES & COMPANY 30150

2,900 SF 3,000 SF 2,141 SF POSHABILITIES 35105 35110 30110

1,100 SF 938 SF L’OCCITANE 20170 20150

COUNTRY CLUB PREP SEPHORA 4,284 SF 2,500 SF 1,200 SF 20140 15180 15170 1,082 SF UNTUCKIT 20130 MINCER’S 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) 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 �5 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 3� wineries and vineyards in immediate area.

® 45 hotels in Charlottesville

® Charlottesville attracts 5��k annual tourists. Some popular destinations: , UVA, Michie Tavern, �� wineries/breweries, Wintergreen Resort and Ashlawn-Highland are top tourist destinations

® $553M total tourism revenues for Charlotesville and Albermarle county

® Hyatt Place – �37 Key hotel. Consistently runs at 95% occupancy

® Additional Hyatt House, ��� rooms to be added adjacent to current hotel on site as shown on attached plan

EDUCATION ®  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

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