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Call Center | Potential Industrial Conversion 119 Cane Creek Blvd 50,652 SF Vacant Industrial Building Online Auction Sale Danville, VA 24540
Investment Highlights
- Former call center offers 50,652 RSF of adaptable space on 9.76 acres, zoned LED-I and suitable for a range of flex / industrial uses.
- Features 21’ to 26’ ceiling heights, a wet sprinkler system, approximately 450 parking spaces, and a 3-phase, 4-wire, 2,000-amp heavy power supply.
- Averett University and Danville Community College contribute to Danville's skilled workforce, with over 10,500 people reporting blue-collar jobs.
- 119 Cane Creek Boulevard is 10 minutes to Downtown Danville off State Route 58 near the Virginia/ North Carolina central border.
- Access to SR 29 lets drivers reach Greensboro within an hour, or they can take SR 86 to I-40 to reach Raleigh in about 1.5 hours.
- Within the City of Danville, Airside Park is a 197-acre industrial park in a state-designated Enterprise Zone for potential grants and incentives.
Executive Summary
Welcome to the expansive and multifaceted flex property at 119 Cane Creek Boulevard in Danville, Virginia. Sitting on a parcel just shy of 10 acres, the subject building spans 50,652 square feet and is one-story, with mezzanine space and high ceilings reaching 26 feet. The property has a 3-phase, 4-wire, 2,000-amp heavy power supply. With a previous build-out for a call center, the site’s LED-I (Light Economic Development Industrial District) zoning enables industrial use and possible grant and incentive opportunities within the zone.
119 Cane Creek Boulevard is within the Airside Industrial Park, a state-designated Enterprise Zone implementing a program that offers unique incentives to businesses and private investors based on their investment and job creation within the zone. The park’s design is state-of-the-art, with its primary strength being its mix of sites. The City of Danville owns and provides all utilities, including cost-effective water, wastewater, natural gas, electric, and broadband services.
Airside Park includes established companies such as Engineered BioPharmaceuticals (nutraceutical/pharmaceutical), Litehouse Foods (food production/distribution), EPL America (manufacturer of laminated and plastic tubes), Piedmont Precision (precision manufacturing), Buitoni Foods (food production/distribution), and GSO Aviation (aircraft repair and service provider). The park and subject property have prominent pylon signage, which is exposed to a surplus of 22,000 daily passing vehicles along State Route 58/ South Bost Road. A dedicated turning lane at a signalized intersection with Cane Creek Boulevard and Route 58 provides easy access. Adjacent to State Route 58, the site is approximately 2.36 miles from the Danville Expressway/Designated Interstate 785, which connects to the Interstates 40 and 85 corridors within 50 miles.
Property tours are available by appointment only. Please contact the broker to schedule.
119 Cane Creek Boulevard is within the Airside Industrial Park, a state-designated Enterprise Zone implementing a program that offers unique incentives to businesses and private investors based on their investment and job creation within the zone. The park’s design is state-of-the-art, with its primary strength being its mix of sites. The City of Danville owns and provides all utilities, including cost-effective water, wastewater, natural gas, electric, and broadband services.
Airside Park includes established companies such as Engineered BioPharmaceuticals (nutraceutical/pharmaceutical), Litehouse Foods (food production/distribution), EPL America (manufacturer of laminated and plastic tubes), Piedmont Precision (precision manufacturing), Buitoni Foods (food production/distribution), and GSO Aviation (aircraft repair and service provider). The park and subject property have prominent pylon signage, which is exposed to a surplus of 22,000 daily passing vehicles along State Route 58/ South Bost Road. A dedicated turning lane at a signalized intersection with Cane Creek Boulevard and Route 58 provides easy access. Adjacent to State Route 58, the site is approximately 2.36 miles from the Danville Expressway/Designated Interstate 785, which connects to the Interstates 40 and 85 corridors within 50 miles.
Property tours are available by appointment only. Please contact the broker to schedule.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
- Investigations
- Floor Plans
Property Facts
Amenities
- Mezzanine
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Charlotte
872,498
142
2 h 46 m
Philadelphia
1,584,138
384
8 h 5 m
Columbus
892,533
418
8 h 17 m
New York
8,398,748
467
9 h 43 m
Jacksonville
903,889
494
9 h 26 m
Indianapolis
867,125
557
11 h 1 m
Access and Labor Force
10 Miles
Total Population
68,076
Total Labor Force
29,475
Unemployment Rate
4.82%
Median Household Income
$46,804
Warehouse Employees
5,411
High School Education Or Higher
85.00%
Sale Advisor
Sale Advisor
Gray Randolph, Principal
Gray is a 35-year veteran of the Commercial Real Estate Industry which began with Coldwell Banker Commercial Group in the early 90’s and later migrated to a 20-year stint with CBRE, and more recently to Vice Chairman and Principal of Colliers of Virginia, which ultimately sold to Colliers Inc. Gray is now a proud Partner at 7 Hills Advisors Hampton Roads, LLC. Throughout his career Gray has worked globally with notable transactions in London UK, Padua Italy, Brisbane Australia, and many states throughout the USA, including many in Hampton Roads, Virginia.
Gray’s experience spans decades from the 90’s through the first 25 years of the 2000’s. He has experienced most cycles, and with his world view, has a keen level of perspective of the complexities of the real estate markets, cycles and transactions. Gray’s primary focus throughout his career has been in the office sector and he has closed transactions with Fortune 500 companies, small local groups, and every size in between. Gray’s philosophy is bringing parties together to reach a mutually beneficial outcome while simultaneously creating a solid work environment for his clients. His knowledge of construction, space planning and HVAC also assist in his structure of the transaction.
SIGNIFICANT TRANSACTIONS
Anthem 315,000 square feet
Loancare 100,000 square feet
MCI 50,000 square feet
More available upon request
EDUCATION, CHARITIES AND INTERESTS
Gray is a graduate of Old Dominion University in Business and is also a Certified Sommelier, as well as a French Wine Scholar. Gray has also been dedicated to charitable causes with his time. He has been VP and President of Big Brothers Big Sisters of Virginia, VP and President of Make-A-Wish Foundation of Virginia, and Vice Chairman of the Chesapeake Bay Wine Classic Foundation, which has donated more than $10M to children's charities. Gray was most recently both Vice Chairman and Chairman of GuildSomm, which is one of the largest Sommelier organizations globally.
Gray’s experience spans decades from the 90’s through the first 25 years of the 2000’s. He has experienced most cycles, and with his world view, has a keen level of perspective of the complexities of the real estate markets, cycles and transactions. Gray’s primary focus throughout his career has been in the office sector and he has closed transactions with Fortune 500 companies, small local groups, and every size in between. Gray’s philosophy is bringing parties together to reach a mutually beneficial outcome while simultaneously creating a solid work environment for his clients. His knowledge of construction, space planning and HVAC also assist in his structure of the transaction.
SIGNIFICANT TRANSACTIONS
Anthem 315,000 square feet
Loancare 100,000 square feet
MCI 50,000 square feet
More available upon request
EDUCATION, CHARITIES AND INTERESTS
Gray is a graduate of Old Dominion University in Business and is also a Certified Sommelier, as well as a French Wine Scholar. Gray has also been dedicated to charitable causes with his time. He has been VP and President of Big Brothers Big Sisters of Virginia, VP and President of Make-A-Wish Foundation of Virginia, and Vice Chairman of the Chesapeake Bay Wine Classic Foundation, which has donated more than $10M to children's charities. Gray was most recently both Vice Chairman and Chairman of GuildSomm, which is one of the largest Sommelier organizations globally.
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
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Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Call Center | Potential Industrial Conversion | 119 Cane Creek Blvd
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Call Center | Potential Industrial Conversion | 119 Cane Creek Blvd
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