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370 Mall Dr
Danville, VA 24540
Red Lobster · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 5,560 Sq Ft Casual Dining Restaurant | 40 Parking Spaces | 0.66 AC Lot
- Currently Cash Flowing | Local Tenant | Modified NNN Lease
- Excellent Visibility At Signalized Intersection | Piedmont Drive: 18,000 +/- Vehicles Per Day
- Value Add or Redevelopment Potential | P-SC Zoning (Planned Shopping Center)
- Landlord Only Responsible for Roof & Foundation | Short Term (2028) with No Options
- Outparcel to Danville Mall: 2.4M Annual Visits | 30 Stores & National Tenants
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,560 SF
Building Class
B
Year Built
1995
Price
$2,754,620 CAD
Price Per SF
$495.44 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.66 AC
Zoning
PSC - Planned Shopping Center Commercial.
Parking
40 Spaces (7.19 Spaces per 1,000 SF Leased)
Frontage
361’ on Piedmont Drive
PROPERTY TAXES
| Parcel Number | 60264 | Improvements Assessment | $1,680,287 CAD |
| Land Assessment | $138,050 CAD | Total Assessment | $1,818,337 CAD |
PROPERTY TAXES
Parcel Number
60264
Land Assessment
$138,050 CAD
Improvements Assessment
$1,680,287 CAD
Total Assessment
$1,818,337 CAD
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