Shopping Strip
Danville Plaza
236 Mall Rd, Danville, WV 25053
Listing Price: $2,620,000
Cap Rate
9.00%
Gross SF
42,984
Rentable SF
42,984
Price/Gross SF
$60.95
Lot Size
2.84 acres
Year Built
1982
Investment Overview
Marcus & Millichap is pleased to present for sale Danville Plaza.
Danville Plaza
Investment Highlights
- 100 Percent Occupied Across 42,984 Square Feet – Average In-Place Annual Rent of $6.38 per Square Foot versus $11 per Square Foot (Market)
- Save A Lot Ranks Top 72 Percent in the State for Visits (Placer.ai), Family Dollar Ranks Top 80 Percent in the State for Visits, Top 60 Percent Nationally (Placer.ai)
- 90 Percent of Tenants in Place for Over 10 Years, Tenants Reimburse 58 Percent of Operating Expenses
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio
Financing By
Listing Price: $2,620,000
Cap Rate
9.00%
Gross SF
42,984
Rentable SF
42,984
Price/Gross SF
$60.95
Lot Size
2.84 acres
Year Built
1982
Investment Highlights
- 100 Percent Occupied Across 42,984 Square Feet – Average In-Place Annual Rent of $6.38 per Square Foot versus $11 per Square Foot (Market)
- Save A Lot Ranks Top 72 Percent in the State for Visits (Placer.ai), Family Dollar Ranks Top 80 Percent in the State for Visits, Top 60 Percent Nationally (Placer.ai)
- 90 Percent of Tenants in Place for Over 10 Years, Tenants Reimburse 58 Percent of Operating Expenses
Investment Overview
Marcus & Millichap is pleased to present for sale Danville Plaza.
Broker of Record
-
Grant Fitzgerald
Managing Director, Market Leader- Ohio
Financing By
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