Single-Tenant Vacant-User
Former Red Lobster
370 Mall Dr, Danville, VA 24540
Listing Price: $2,000,000
Gross SF
5,560
Guarantor
No Guarantee
Rentable SF
5,560
Price/Gross SF
$359.71
Lease Type
Triple Net (NNN)
Investment Overview
Marcus & Millichap is pleased to present for sale a 5,560 square foot casual dining restaurant located in Danville, VA.
Former Red Lobster
Investment Highlights
- 5,560 Sq Ft Casual Dining Restaurant | 40 Parking Spaces | 0.66 AC Lot
- Value Add or Redevelopment Potential | P-SC Zoning (Planned Shopping Center)
- Currently Cash Flowing | Local Tenant | Modified NNN Lease
- Landlord Only Responsible for Roof & Foundation | Short Term (2028) with No Options
- Excellent Visibility At Signalized Intersection | Piedmont Drive: 18,000 +/- Vehicles Per Day
- Outparcel to Danville Mall: 2.4M Annual Visits | 30 Stores & National Tenants
- Located in Path of Growth: New Texas Roadhouse, Starbucks, Caesar's Casino Resort
Exclusively Listed By
Listing Price: $2,000,000
Gross SF
5,560
Guarantor
No Guarantee
Rentable SF
5,560
Price/Gross SF
$359.71
Lease Type
Triple Net (NNN)
Investment Highlights
- 5,560 Sq Ft Casual Dining Restaurant | 40 Parking Spaces | 0.66 AC Lot
- Value Add or Redevelopment Potential | P-SC Zoning (Planned Shopping Center)
- Currently Cash Flowing | Local Tenant | Modified NNN Lease
- Landlord Only Responsible for Roof & Foundation | Short Term (2028) with No Options
- Excellent Visibility At Signalized Intersection | Piedmont Drive: 18,000 +/- Vehicles Per Day
- Outparcel to Danville Mall: 2.4M Annual Visits | 30 Stores & National Tenants
- Located in Path of Growth: New Texas Roadhouse, Starbucks, Caesar's Casino Resort
Investment Overview
Marcus & Millichap is pleased to present for sale a 5,560 square foot casual dining restaurant located in Danville, VA.
Exclusively Listed By
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