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Property profile & analytics
FOR LEASE
Super regional malls

145 Holt Garrison Pkwy Danville, VA 24540

159,055 SF 31.61 ac lot Built 2008
Individually Owned Free & Clear
Property ID
US87-1531029
Property summary
AI-generated overview

Coleman Marketplace offers twelve available retail spaces ranging from 1,200 to 3,480 square feet, presenting a prime opportunity in Danville, Virginia. This vibrant retail center is situated at 145 Holt Garrison Parkway, a high-traffic location shadow-anchored by major retailers Home Depot and Target. The property benefits from exceptional visibility and accessibility, attracting a diverse customer base. Current tenants include a strong mix of national brands such as Michaels, Beall's, Old Navy, Ross, Marshalls, Bath & Body Works, and Rack Room Shoes, ensuring a consistent flow of shoppers. In addition to these established names, local businesses like Great Clips, Jersey Mike's Subs, AT&T, and Sally Beauty Supply contribute to the center's diverse and thriving atmosphere. The property's location in Danville, VA, zip code 24540, provides easy access for residents and visitors alike. This is an exceptional opportunity to establish or expand your retail presence in a well-established and highly visible retail center. The available spaces offer flexibility for a variety of retail concepts, making this an attractive investment for businesses seeking a strong location and a proven track record of success. Contact us today to learn more about the available spaces and leasing options.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2008
Construction CONCRETE BLOCKS
Total area 159,055 SF
Lot 31.61 ac (1,376,932 SF)
Zoning code OVERLAY PLANNED SHOPPING
APN 73158
UPID US87-1531029
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • DaVita Dan River Dialysis Medical Clinic
  • 1st Franklin Financial Loan Service
  • Edward Jones - Financial Advisor: Gary Carroll Financial Advisor
  • Marshalls Women'S Clothing Store Clothing Store
  • bealls Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$26.89M
Comparable Approach Comparable
by Request
Blend (final) Blend
$19.88M
Owner & transaction history
Marsel Dawes
Marsel Dawes
since 2025
Last sale
$20.8M
4 recorded transactions
2025
$158,000
2023
$20,825
2022
$10.3M
2008
Price N/A
Zoning & alternative use
OVERLAY PLANNED SHOPPING · Danville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source UDC April 2026
Top alternative use upside
Office building $20.5M +358.9%
Commercial (general) $20.3M +354.3%
Medical building $17.4M +289.5%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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