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114 Sandy Ct 5,438 SF 100% Leased Retail Building Danville, VA 24541 For Sale
Investment Highlights
- Well Positioned in the Region’s Primary Submarket
- Attractive Contract Rent Growth
- Strong Economic Growth Market
- New Construction Convenience Retail with High-End Buildouts
- Newly Built, Highly Leasable Retail in the Market’s Most Dominant Trade Area
Executive Summary
With NNN leases in place and two-thirds of the rent roll featuring annual rent escalations, the asset offers stable in-place income with built-in growth potential. Strategically positioned as an outparcel to the KDS Center and near major retail anchors including Walmart, Lowe’s, Sam’s Club, Target, and Food Lion, the property benefits from exceptional retail synergy. The location is also adjacent to Piedmont Regional Medical Center and approximately 1.25 miles from Caesars Virginia. The Danville market is experiencing unprecedented economic growth with several recent corporate investments, including the $750 million Caesars Virginia project which opened a permanent facility in 2024 and has produced over $386M in gaming revenue and created 1,200 jobs.
New construction, high visibility, and durable cash flow make this a standout retail investment.
Additionally, Danville shops can be purchased as a portfolio with Bennett's Creek Shops.
Property Facts
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Hunter Bryson J
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- -
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- Pie Five Pizza
- Accommodation and Food Services
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- -
- -
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- Accommodation and Food Services
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- -
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Which Wich® Superior Sandwiches was founded in Dallas in late 2003 by restaurant entrepreneur, Jeff Sinelli. The global sandwich franchise chain is best known for its customizable sandwiches, creative ordering system, and personalized sandwich bag. They select a sandwich from multiple categories, then choose the bread, cheese, spreads, and toppings. There are other extra options such as double meat, double cheese, bacon, and avocado. The menus have a wide variety of options which besides the aforementioned extras are all free. The sandwiches are then prepared, and delivered in the personalized sandwich bags. Guests are encouraged to draw on their bags and hang their "artwork" on the community wall.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Hunter Bryson J | - | - | - | - | ||
| Pie Five Pizza | Accommodation and Food Services | - | - | - | ||
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Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 60414 | Improvements Assessment | $1,029,500 |
| Land Assessment | $222,200 | Total Assessment | $1,251,700 |
Property Taxes
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114 Sandy Ct
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