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Leased Retail Strip Mall
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114 Sandy Ct, Danville, VA 24541

Three food-and-beverage tenants occupy high-end buildouts, including two end-cap spaces with drive-thru service.

Property Size5,438 SF
Days on Market154

Property Features for 114 Sandy Ct

General Information

Standard status Active
Size 5,438 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN

Additional Details

Drive-Thru Yes

Building Details

Year Built 2021
Tenancy Multi
Listing Agency: Colliers - Charlottesville, Virginia
Listed By: Jay O'Donnell · License #VA 0225091328
Source: Crexi
Added: Mar 30 Changed: Aug 30 Last Checked: Aug 30 at 6:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Charlottesville, Virginia

Investment Insights

Based on property information with market context.

Built in 2021, the property is a 5,438-square-foot retail strip mall that is fully leased to three food-and-beverage occupants. The improvements include two end-cap suites with drive-thru service and high-end tenant buildouts. NNN lease structures are in place, and annual rent escalations apply to two-thirds of the rent roll.

The center operates as an outparcel to the KDS Center in Danville and is near Walmart, Lowe’s, Sam’s Club, Target, and Food Lion. Piedmont Regional Medical Center is adjacent, while Caesars Virginia is approximately 1.25 miles away. The property is located at 114 Sandy Ct, Danville, VA 24541.

Key Highlights

  • 5,438‑square‑foot retail strip mall built in 2021
  • 100% leased to three food‑and‑beverage tenants
  • Two end‑cap suites include drive‑thru service

Property Analytics

Current Use

Which Wich Danville, ... Take-out & Catering Which Wich Superior ... Take-out & Catering Edible Arrangements (Bike/Boat/Book/etc) Store Pie Five Restaurant Paciugo Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Computer & Electronic Repair Plumbing Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby
659k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Superstores 33% Shops & Services 16% Groceries 7%
Walmart Superstores
108,885 visits/mo 0.4 miles
Sam's Club Superstores
87,324 visits/mo 0.4 miles
McDonald's Dining
33,804 visits/mo 0.5 miles
Murphy USA Shops & Services
33,242 visits/mo 0.3 miles
Food Lion Grocery Store Groceries
32,319 visits/mo 0.3 miles

Demographics for 24541, VA

27,529
Population
14,506
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
87%
High-School Grad
75.2 sq mi
ZIP Area
366
Density / Sq Mi
$49,292
Median Household Income
$35,592
Median Earnings
$818
Median Rent
$134,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Three food-and-beverage tenants occupy high-end buildouts, including two end-cap spaces with drive-thru service.
Where is this strip mall located?
The property is located at 114 Sandy Ct Danville, VA.
What are key features of this property?
This property features: 5,438‑square‑foot retail strip mall built in 2021; 100% leased to three food‑and‑beverage tenants; Two end‑cap suites include drive‑thru service
(434) 284-4019 Call to check price and availability
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