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Freestanding Retail Building For Sale
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3943 Franklin Tpke, Danville, VA 24540

8,343 SF building on 2.36 AC, high-traffic location.

Property SizeContact for details
Days on Market269

Property Features for 3943 Franklin Tpke

General Information

Standard status Active
Property subtype Single Tenant or Freestanding Building
Listing Agency:
Listed By: Jeff Nimmer, CCIM
Source: Tscg
Added: Nov 25, 2025 Changed: Aug 16 Last Checked: Aug 21 at 5:39AM

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 Jeff Nimmer, CCIM

Investment Insights

Based on property information with market context.

This is a former Family Dollar retail building available for sale or lease. The freestanding building offers 8,343 square feet of space and is situated on a 2.36-acre lot. The property benefits from a traffic count of 12,000 AADT on Franklin Turnpike. It is located across the street from a Food Lion-anchored shopping center. Pylon signage is available. The property is offered at $10.00 per square foot NNN or a purchase price of $900,000.

Key Highlights

  • Freestanding 8,343 SF building on 2.36 AC
  • High traffic location: 12,000 AADT on Franklin Turnpike
  • Across the street from Food Lion anchored center

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Big Box & Wholesale Store Hair Salon Auto Repair Shop

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

71
Businesses Nearby
40k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 59% Shops & Services 34% Apparel 7%
Food Lion Grocery Store Groceries
23,651 visits/mo 0.1 miles
Dollar General Shops & Services
7,123 visits/mo 0.3 miles
Family Dollar Shops & Services
3,857 visits/mo 0.1 miles
First National Bank Shops & Services
2,855 visits/mo 0.2 miles
Goodwill Apparel
2,665 visits/mo 0.1 miles

Demographics for 24540, VA

32,094
Population
15,792
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
87%
High-School Grad
75.0 sq mi
ZIP Area
428
Density / Sq Mi
$47,207
Median Household Income
$34,621
Median Earnings
$828
Median Rent
$146,100
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - 8,343 SF building on 2.36 AC, high-traffic location.
Where is this storefront property located?
The property is located at 3943 Franklin Tpke Danville, VA.
What are key features of this property?
This property features: Freestanding 8,343 SF building on 2.36 AC; High traffic location: 12,000 AADT on Franklin Turnpike; Across the street from Food Lion anchored center
More about this property
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