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Papa John's/Former Jimmy John's 302-306 W Fairchild St 2,000 SF of Retail Space Available in Danville, IL 61832
HIGHLIGHTS
- Excellent visibility on a prime corner location
- Situated at the signalized southeast corner of Gilbert Street and Fairchild Street, which sees traffic of over 20,000 VPD
- Ample parking with over 35 spaces
- Previously occupied by Jimmy John’s, the space features existing build out including a built-in 6’ x 6’ freezer and 6’ x 6’ refrigerator
- Adjacent is a high performing Dollar General that ranks in the 98th percent tile Nationwide (Placer.ai)
- Shares building with Papa John’s who ranks in the 98th percent tile Nationwide (Placer.ai)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 306 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 306
Former Papa John's restaurant space available. Kitchen equipment can remain for new tenant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- End Cap Position
- Restaurant build-out.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT PAPA JOHN'S/FORMER JIMMY JOHN'S
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Papa Johns
- Pizza
- 3,913
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Papa Johns | Pizza | 3,913 | International |
PROPERTY FACTS
| Total Space Available | 2,000 SF | Gross Leasable Area | 3,000 SF |
| Property Type | Retail | Year Built | 1991 |
| Property Subtype | Storefront | Parking Ratio | 16/1,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,000 SF |
| Year Built | 1991 |
| Parking Ratio | 16/1,000 SF |
ABOUT THE PROPERTY
PRIME RETAIL SPACE AVAILABLE FOR LEASE: Positioned on a prime signalized corner at Gilbert Street and Fairchild Street with over 20,000 vehicles per day, this high-visibility end cap space offers excellent signage exposure and easy access from both major roads. Formerly occupied by Jimmy John’s, the space includes a quality existing buildout featuring a 6’ x 6’ walk-in freezer and refrigerator, plus two full-size restrooms. The property shares a building with a top-performing Papa John’s and is adjacent to a high-volume Dollar General—both ranking in the 98th percentile nationwide (Placer.ai). With ample on-site parking for 35+ vehicles and over 40,000 residents within a 5-mile radius, the site is surrounded by national retailers, offering an exceptional opportunity for any food, service, or retail user seeking strong co-tenancy and high foot traffic.
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Papa John's/Former Jimmy John's | 302-306 W Fairchild St
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