Danville, VA 24541

Bricktown Brewery

Property Address

3585 Riverside Drive, Danville, VA, USA

Offering Summary

  • Price: $2,143,000
  • Lot Size: 1.5 Acres
  • Cap Rate: 7.0%
  • Year Built: 1997/2021
  • Building SF: 5,344
  • Status: In Escrow
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  • Brand New 15 Year Absolute Triple-Net (NNN) Lease – 18 Unit Chain
  • 10% Rental Increases Every 5 Years with 3, 5-Year Renewal Options
  • Shared Ingress/Egress with Chick-fil-A, Aldi, and the Danville Stadium Cinemas
  • Central Location along US-58/Riverside Dr (24,000 Cars/Day) with Immediate Connections to Downtown Danville and Danville Regional Airport
  • Located in Prime Retail Corridor Surrounded by National Restaurant Chains – Chick-fil-A, Buffalo Wild Wings, Wendy’s, Pizza Hut, IHOP, and Many More
  • Immediate Proximity to Danville Mall and Big Box Retailers - Aldi, Sam’s Club, Lidl, Walmart Supercenter, Harbor Freight, Big Lots, Lowe’s, Target, Home Depot, and More
  • Less than 1.4 Miles / 4 Minutes to Site of $500 Million Dollar Future Caesars Casino and Hotel; Plans Include Casino Floor, Restaurants, Theater and 40,000 Square Feet of Convention Space
  • Affluent Residential Area with an Average Household Income of Over $90,000 in 2021

Broker Information