2917 N Vermilion st | Danville, IL 61832
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- LoopNet Team
2917 N Vermilion st
Danville, IL 61832
Grocery Anchored Retail Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2917 North Vermilion Street offers investors the opportunity to acquire a 100% occupied 126,000-SF grocery-anchored retail strip.
- Rare fully occupied value-add opportunity with the ability to raise below-market rental rates on thriving community staples with a four-year WALT.
- Daily-needs retailers help to drive traffic to the vicinity, including big-box stores like Walmart Supercenter, Lowe's, Menards, and Planet Fitness.
- Premier location along Vermilion Street offers access and visibility to roughly 20,000 vehicles per day, creating a robust built-in shopper base.
- Access to a strong demographic portfolio, including an affluent 5-mile population of 37,000 people who spend over $344 million per year.
- Part of a group of three assets coming to the Ten-X platform, including the interior corridor Village Mall and a developable mall out parcel.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Building Size
281,606 SF
Building Class
B
Year Built/Renovated
1978/1999
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
23.91 AC
Parcel Numbers
Zoning
B-3 - Business District
Parking
372 Spaces (1.32 Spaces per 1,000 SF Leased)
Frontage
1,487’ on North Vermilion Street
AMENITIES
- Food Court
- Enclosed Mall
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MATTERPORT 3D EXTERIOR
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