Location Description
Biomat USA is strategically located at the hard corner intersection of Boatwright Avenue and Patton Street, adjacent to Galileo Magnet High School and minutes from Sovah Health Hospital and Averett University. The property benefits from its proximity to Central Boulevard (31,000 VPD) and is surrounded by prominent national tenants including Home Depot, Hobby Lobby, Target, Lowe’s, Walmart, and...
Biomat USA is strategically located at the hard corner intersection of Boatwright Avenue and Patton Street, adjacent to Galileo Magnet High School and minutes from Sovah Health Hospital and Averett University. The property benefits from its proximity to Central Boulevard (31,000 VPD) and is surrounded by prominent national tenants including Home Depot, Hobby Lobby, Target, Lowe’s, Walmart, and more. The subject offering includes an adjacent parcel of land that Biomat USA utilizes for overflow parking. The parking lot lease features 3% annual rental escalations and runs concurrently with any extensions or renewals of the building lease. The 5-mile trade area serves a population of 48,557 residents with an average household income of $61,804. Danville, an independent city in the Commonwealth of Virginia, is the principal city of the Danville, Virginia Micropolitan Statistical Area. According to the 2020 census, the population was 42,590. The city is bordered by Pittsylvania County and Caswell County, North Carolina, to the south, and is home to the Danville Otterbots baseball club of the Appalachian League. The subject property is located approximately 42 miles from Greensboro, NC, and 70 miles from Raleigh, NC.
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