Retail

Coleman Marketplace

155 Holt Garrison Pkwy, Danville, VA, 24540-5947, US

Coleman Marketplace_Property for Sale

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Coleman Marketplace 2_Property for Sale

Asset description

Jones Lang LaSalle, Inc., a Virginia licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for Coleman Marketplace, a 202,578 square foot regional power center anchored by Marshalls, Ross Dress For Less, Old Navy, and more. The 88% occupied Center is located in Danville, Virginia along the heavily trafficked US-BUS 29 (26,000 VPD). Coleman Marketplace presents a unique opportunity to acquire a dominant power center with high-ranking, national retailers coupled with actionable value-add upside.


Tom Kolarczyk: Limited Nonresident Commercial Real Estate Broker/Salesperson'

Attributes

Building Area
202,578 sf
Occupancy
88.00%
Year built
2008

Investment highlights

​​​​​​​​​​​​​​INVESTMENT HIGHLIGHTS

  • 67,000 SF OF NEW LEASING IN THE PAST 6 MONTHS
  • 3.5 MILLION ANNUAL VISITS
  • SHADOW-ANCHORED BY TARGET AND HOME DEPOT
  • $650M CAESARS CASINO PROJECT TO DELIVER IN 2024 A MASSIVE CATALYST FOR DANVILLE
  • NATIONAL RETAILER CHOSEN CORRIDOR
  • PREMIER, INVESTMENT-GRADE ANCHOR TENANCY
Coleman Marketplace 4_Property for Sale
Coleman Marketplace 4_Property for Sale

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Last updated
Dec 6, 2022