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101 Piney Forest Rd
Danville, VA 24540
Kings Fairground Plaza · Local commercial Bien À vendre
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Anchored by Tractor Supply and Ollie’s with long-term tenancy
- Located near U.S. 29 with 22,000+ VPD and strong retail co-tenancy
- Positioned near $650M Caesars casino resort and revitalized downtown
- In-place rents nearly 34% below market with mark-to-market upside
- 36,600 SF of large-box vacancy ideal for regional or national tenants
- Priced below replacement cost with strong downside protection
Résumé analytique
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.
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.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Boutique
Surface de l’immeuble
11 163 m²
Classe d’immeuble
C
Année de construction
1972
Prix
4 376 922 €
Prix par m²
392,11 €
Taux de capitalisation
7,50 %
RNE
328 119 €
Pourcentage loué
49 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Quais de chargement
6 Extérieur
Coefficient d’occupation des sols de l’immeuble
0,19
Surface du lot
6,00 ha
Zonage
PSC
Stationnement
489 places (43,81 places par 1 000 m² loué)
Caractéristiques
- Intersection avec signalisation
- Service au volant
Taxes foncières
| Numéro de parcelle | 51447 | Évaluation des aménagements | 1 407 295 € |
| Évaluation du terrain | 540 523 € | Évaluation totale | 1 947 818 € |
Taxes foncières
Numéro de parcelle
51447
Évaluation du terrain
540 523 €
Évaluation des aménagements
1 407 295 €
Évaluation totale
1 947 818 €
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
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