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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
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,560 SF
Building Class
B
Year Built
1995
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 | $1,191,600 |
| Land Assessment | $97,900 | Total Assessment | $1,289,500 |
Property Taxes
Parcel Number
60264
Land Assessment
$97,900
Improvements Assessment
$1,191,600
Total Assessment
$1,289,500
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