CHARLOTTESVILLE, VIRGINIA: Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented Riverbend Development in the disposition of a trophy, net leased investment at 1617 Emmet St. North in Charlottesville, Virginia. The property is comprised of a 2,317 square foot freestanding Starbucks and a Wells Fargo ATM, ideally positioned with frontage along one of the area’s most highly traveled commercial corridors. 

The purchaser acquired the asset on December 1, 2021, for $3,850,000 ($1,661/SF). The transaction was completed by Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group. #CM