- For Lease $15.00/SF/YR
- Property Type Office - Medical Office
- Property Size 10,950 SF
- Lot Size 1.02 Acre
- Building Class B
- Date Updated Apr 28, 2026
Description
From I-81 (exit 247) take E Market St toward East. Drive 0.5 miles and turn right onto University Blvd. Drive 0.3 miles and Turn left onto Medical Avenue. The property is on your right.Well-maintained 10,950 SF two-story brick medical office condominium currently leased to UVA Pediatrics, which has operated at this location for 10 years. The lease expires August 31, 2026, after which it converts to month-to-month until the tenant relocates. Under the NN lease, the tenant pays property taxes, insurance. and all repairs and maintenance except the roof. Constructed in 1998, this attractive property offers a highly functional layout featuring 20 exam rooms, 18 offices, a conference room, 9 restrooms, multiple storage rooms, a kitchen/meeting room, 3 separate entrances, ample parking on a 1.02-acre site. The property is ideally located in a strong medical and retail corridor, surrounded by numerous national retailers and professional offices. It is situated just 0.5 miles from James Madison University and less than 2 miles from Sentara RMH Medical Center, making it a strategic location for continued medical or professional office use. Excellent opportunity for investors or future owner-users. Property also for lease. NNN Lease Price of $15/SF ($13,688/Month)Well-maintained 10,950 SF two-story brick medical office for sale or lease. Constructed in 1998, this attractive property offers a highly functional layout featuring 20 exam rooms, 18 offices, a conference room, 9 restrooms, multiple storage rooms, a kitchen/meeting room, 3 separate entrances, ample parking on a 1.02-acre site. The property is ideally located in a strong medical and retail corridor, surrounded by numerous national retailers and professional offices. It is situated just 0.5 miles from James Madison University and less than 2 miles from Sentara RMH Medical Center, making it a strategic location for continued medical or professional office use. Excellent opportunity for investors or future owner-users. The current tenant will move out by the end of September 2026.
True
1 Space Available
1947 Medical Ave
Space Type
Office
Lease Rate
$15.00/SF/YR
Total Space
10,950 SF
Divisible Space
10,950 - 10,950 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Jason Song
Cottonwood Commercial
Location
Contact Listing Broker
Jason Song
Cottonwood Commercial