101 Piney Forest Rd
Danville, VA 24540
Kings Fairground Plaza · Retail Property For Sale

Cushman & Wakefield | Thalhimer is pleased to present Kings Fairground Plaza, a 116,535 SF value-add retail center located in Danville, Virginia. The Property is 69% leased to a diverse and nationally recognized tenant lineup, including Ollie’s Bargain Outlet (NASDAQ: OLLI), Tractor Supply Co. (NASDAQ: TSCO), Dollar General (NYSE: DG), and City Electric Supply. With a weighted average remaining lease term of approximately 4.4 years and a history of long-term tenancy, the center offers durable inplace income supported by essential, traffic-driving retailers. Ollie’s and Tractor Supply serve as anchor tenants, collectively occupying over 52% of the GLA and drawing consistent daily traffic. These tenants operate under successful, proven business models that focus on discount retail and rural lifestyle goods—both highly aligned with the surrounding demographic base. Other tenants such as Dollar General and City Electric Supply complement the anchor tenancy and enhance cross-shopping activity.
Located just 0.3 miles from Central Boulevard/U.S. 29 (22,000 VPD), one of Danville’s primary commercial corridors, Kings Fairground Plaza benefits from strong visibility, high traffic counts, and close proximity to nearby regional draws, including Piedmont Mall and several national big-box retailers. Danville’s continued revitalization efforts—including industrial investment, downtown redevelopment, and the forthcoming Caesars casino resort—further bolster long-term retail fundamentals.