Grocery-Anchored Shopping
1461 South Boston Road Danville, VA 24540
For Sale
Contact for pricing
Food Lion-anchored center with in-place leases and updated improvements along a major retail corridor.
Property Size59,410 SF
Days on Market59
Property Features for 1461 South Boston Road
General Information
- Standard status
- Active
- Size
- 59,410 SF
- Property subtype
- Retail
Listing Agency:
Legacy Realty Group Advisors, LLC
Listed By:
Jacob Baruch · License #NY
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Jul 23 at 3:50PM
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 Legacy Realty Group Advisors, LLC
Investment Insights
Based on property information with market context.
Cain Creek Shopping Center is a grocery-anchored retail center totaling 59,410 square feet, anchored by Food Lion. The property has been home to Food Lion for nearly four decades, and the retailer recently completed a 10-year lease renewal extending through 2035. The shopping center also features recent significant capital improvements, along with additional inline shop rents noted as below-market in place.
Located at 1461 South Boston Road in Danville, Virginia, the center is positioned along one of the area’s primary retail corridors. Public remarks describe strong visibility and surrounding national retail, with nearby economic drivers including Caesars Virginia Casino and regional healthcare, manufacturing, and logistics employers.
For buyers seeking a grocery-anchored retail asset, the lease extension with Food Lion through 2035 provides continuity at the anchor. The presence of below-market inline rents and the opportunity for leasing adjustments are also key considerations for operators evaluating how to optimize tenant mix and rental performance within the center.
Located at 1461 South Boston Road in Danville, Virginia, the center is positioned along one of the area’s primary retail corridors. Public remarks describe strong visibility and surrounding national retail, with nearby economic drivers including Caesars Virginia Casino and regional healthcare, manufacturing, and logistics employers.
For buyers seeking a grocery-anchored retail asset, the lease extension with Food Lion through 2035 provides continuity at the anchor. The presence of below-market inline rents and the opportunity for leasing adjustments are also key considerations for operators evaluating how to optimize tenant mix and rental performance within the center.
Key Highlights
- ±59,410 SF grocery‑anchored shopping center in Danville, VA along South Boston Road
- Anchored by Food Lion, operating at the site for nearly four decades
- Food Lion lease renewed for 10 years through 2035
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Primo Water Exchange
Big Box & Wholesale Store
Coinstar Kiosk | Bitcoin ...
Atm
Food Lion
Grocery & Convenience Store
Cain Creek Shopping ...
Shopping Center & Mall
ATM
Atm
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Food Lion, 1461 South Boston Rd, Danville, VA 24540
FAQs
What type of property is this?
Shopping center - Food Lion-anchored center with in-place leases and updated improvements along a major retail corridor.
Where is this shopping center located?
The property is located at 1461 South Boston Road Danville, VA.
What are key features of this property?
This property features: ±59,410 SF grocery‑anchored shopping center in Danville, VA along South Boston Road; Anchored by Food Lion, operating at the site for nearly four decades; Food Lion lease renewed for 10 years through 2035
