Rio Road Shops, LLC Sells Retail Property In Charlottesville, Virginia For $7.15M

The retail property located at 1650 Rio Rd in Charlottesville, Virginia has been sold in a recent transaction. The property, with a total square footage of 14,696, was sold for a price of $7,150,000, resulting in a price per square foot of $487. The sale was made by Rio Road Shops, LLC.

Summary of transaction details:

• Property Type: Retail
• Sale Price: $7,150,000
• Square Footage: 14,696
• Price per Square Foot: $487
• Address: 1650 Rio Rd, Charlottesville, Virginia
• Market: Charlottesville, Virginia

Catharine Spangler from Cushman & Wakefield | Thalhimer’s Capital Markets Group represented the seller, Rio Road Shops, LLC, in this transaction.