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Danville Village 2917 N Vermilion St 126,153 SF 100% Leased Retail Building Danville, IL 61832 $5,963,000 ($47.27/SF) 7.30% Cap Rate
Investment Highlights
- 126,153 SF Building | Fully Occupied Grocery Anchored Shopping Center with National Tenants Priced at $57/SF
- High Foot Traffic Counts From Tenants In Place | County Market 513K+ Average Visits Per Year
- Along the Main Retail Corridor Within Danville | Nearby National Retailers & Services Include: McDonalds, Buffalo Wild Wings, and Aspen Dental
- Long Term Tenancy From Grocer Anchor | County Market has Served as a Pillar for the Community Here Since 1999
- Nearby Destinations for Residents and Visitors | Turtle Run Golf Club, Danville Country Club, and Lake Vermillion are All Within a 5-Minute Drive
- Anchored by Danville Mall | Sprawling 280,000+ SF Mall Across 23.91 Acres | Value Add Opportunity with Multiple National LOI's for Larger Boxes
Executive Summary
126,153 SF Building | Fully Occupied Grocery Anchored Shopping Center with National Tenants Priced at $57/SF
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
126,153 SF
Building Class
C
Year Built
1976
Price
$5,963,000
Price Per SF
$47.27
Cap Rate
7.30%
NOI
$435,294
Percent Leased
100%
Building Height
1 Story
Building FAR
0.29
Lot Size
10.15 AC
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-29-200-049 | Improvements Assessment | $1,069,528 |
| Land Assessment | $118,838 | Total Assessment | $1,188,366 |
Property Taxes
Parcel Number
18-29-200-049
Land Assessment
$118,838
Improvements Assessment
$1,069,528
Total Assessment
$1,188,366
Contacts
-
Deno Bistolarides -
Hunter Rupp -
Kaleb Rupp -
Evan Lyons -
Joe Lopez -
Encore Real Estate Investment Services
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Danville Village | 2917 N Vermilion St
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