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Danville Plaza 236 Mall Rd 33,825 SF 100% Leased Retail Building Danville, WV 25053 $2,620,000 ($77.46/SF) 9% Cap Rate
Executive Summary
100% Occupied Across 42,984 SF – Avg In-Place Annual Rent of $6.38/SF vs $11/SF (Market
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
33,825 SF
Building Class
C
Year Built
1982
Price
$2,620,000
Price Per SF
$77.46
Cap Rate
9%
NOI
$235,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
2.84 AC
Zoning
C - Commercial
Parking
40 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
503’ on Mall Rd
Amenities
- Pylon Sign
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-5-00890000 | Improvements Assessment | $437,640 |
| Land Assessment | $116,580 | Total Assessment | $554,220 |
Property Taxes
Parcel Number
02-5-00890000
Land Assessment
$116,580
Improvements Assessment
$437,640
Total Assessment
$554,220
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Danville Plaza | 236 Mall Rd
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