757-675-4207
125 Executive Dr, Danville, VA for Sale
Office CONDO - FOR SALE
1/20
6,611-9,793 SF | Request Cap Rate

125 Executive Dr
Danville, VA 24541


HIGHLIGHTS

  • Rare opportunity to purchase medical office condominiums within the established Piedmont Regional Medical Center I campus.
  • Ideal for physician groups, specialty practices, outpatient services, or healthcare-related owner-users.
  • Convenient patient access with ample on-site parking.
  • Surrounded by an established network of physicians, specialists, and healthcare providers.
  • Ample on-site parking; move-in-ready practice environment
  • Surrounded by an established network of physicians, imaging services, and specialists

OVERVIEW

125 Executive Drive offers medical office condominiums for sale within the established Piedmont Regional Medical Center I campus in Danville, Virginia. Unit A provides ±9,793 SF, while Units B and C offer ±6,611 SF combined, for a total of ±16,404 SF available. The configuration suits physician groups, specialty practices, outpatient service providers, and healthcare-related owner-users seeking ownership rather than tenancy. The building sits within one of Danville's premier medical office developments, surrounded by an established network of physicians, imaging services, and medical specialists. The setting creates a collaborative healthcare environment with convenient patient access and ample on-site parking. Spaces are described as move-in-ready and designed to support a wide range of medical and professional office users. Positioned in an established healthcare corridor, the site is minutes from the region's leading healthcare services: Centra Medical Group – Danville is 0.9 miles (4 minutes) away and Sovah Health – Danville is 3.0 miles (7 minutes) away. Downtown Danville is 3.2 miles (8 minutes), Averett University 2.5 miles (7 minutes), and Danville Community College 3.6 miles (8 minutes). Dining and retail are 0.2 miles (2 minutes) from the property. Accessibility is strong for patients across Southern Virginia and Northern North Carolina, with nearby traffic counts of 23,000 cars per day on Hwy 58, 14,000 on Piedmont Drive, and 10,000 on Westover Drive. The surrounding trade area supports a population of 48,962 within five miles (48,878 projected for 2031), 21,722 households, and an average household income of $70,773. Within three miles, population is 31,102 with 14,056 households and average household income of $69,515.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

61,115 SF

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,971 SF

ZONING

TOC

APN/PARCEL ID

60280

ASK ABOUT THIS PROPERTY

757-675-4207

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

757-675-4207

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.