UPS-Leased Truck
370 Mt Cross Rd Danville, VA 24540
370 Mt Cross Rd, Danville, VA, 24540
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For Sale
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1966-built truck terminal on Mt Cross Road with an absolute-net lease recently signed by UPS.
Property Size13,140 SF
Lot Size4.14 Acres
Days on Market103
Property Features for 370 Mt Cross Rd
General Information
- Standard status
- Active
- Size
- 13,140 SF
- Lot size
- 4.14 Acres
- Property subtype
- Industrial
Listing agency
Lee & Associates - Cincinnati
Listed by
Matthew Johnson · License #KY 221321
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 1:38PM Checked: Jul 22 at 1:38PM
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 Lee & Associates - Cincinnati
Investment Insights
Based on property information with market context.
This property is a UPS-operated truck terminal featuring an approximately 13,140-square-foot building on approximately 4.141 acres. Constructed in 1966, the facility has been maintained by the tenant. UPS recently signed a new 10-year absolute-net lease, with the current annual rent stated as $135,000 and 3% rental increases every three years. UPS has operated at this location since 1966.
The property is located on Mt Cross Road, which the remarks report at approximately 12,324 vehicles per day, with nearby Piedmont Drive at approximately 19,688 vehicles per day. Easy access is also noted via Riverside Drive, reported at approximately 30,606 vehicles per day. The site is described as being in a retail area, with nearby businesses including Lowes, Target, Walmart, and Outback Steakhouse.
Danville, VA is also noted in the remarks as being under construction for a brand-new Caesar’s Resort and Casino, planned to open in July 2024.
The property is located on Mt Cross Road, which the remarks report at approximately 12,324 vehicles per day, with nearby Piedmont Drive at approximately 19,688 vehicles per day. Easy access is also noted via Riverside Drive, reported at approximately 30,606 vehicles per day. The site is described as being in a retail area, with nearby businesses including Lowes, Target, Walmart, and Outback Steakhouse.
Danville, VA is also noted in the remarks as being under construction for a brand-new Caesar’s Resort and Casino, planned to open in July 2024.
Key Highlights
- Approximately 13,140 SF truck terminal built in 1966 on approx. 4.141 acres at 370 Mt Cross Road, Danville, VA
- UPS recently signed a new 10‑year absolute‑net lease; UPS has operated at this location since 1966
- Current annual rent is $135,000 with 3% rental increases every three years
Property Analytics
Location Intelligence
Current Use by Public Records
UPS Customer Center
Courier Service
Similar For Sale Nearby
FAQs
What type of property is this?
Distribution center - 1966-built truck terminal on Mt Cross Road with an absolute-net lease recently signed by UPS.
Where is this distribution center located?
The property is located at 370 Mt Cross Rd Danville, VA.
What are key features of this property?
This property features: Approximately 13,140 SF truck terminal built in 1966 on approx. 4.141 acres at 370 Mt Cross Road, Danville, VA; UPS recently signed a new 10‑year absolute‑net lease; UPS has operated at this location since 1966; Current annual rent is $135,000 with 3% rental increases every three years
