This Retail Property is no longer advertised on LoopNet.com.

3655 N Vermilion St
Danville, IL 61832
Retail Property For Sale

Investment Highlights

  • 2-Tenant brand new construction padsite to a high-traffic Meijer Supercenter (1.6M visitors per year, per Placer.AI)
  • Priced at a 7.15% CAP and at offered at a highly accessible sub-$2M price point
  • Traffic counts exceed 20,000 vehicles per day
  • New 10YR leases to Jersey Mike’s and T-Mobile (Corporate location) | 10% rent increases every 5 years included in the tenant's option periods
  • Located on a dynamic and growing retail area, adjacent to a new TJ Maxx / Kohl’s power center, a Starbucks drivethru and across from Lowe's
  • Household incomes exceed $90,000 in a 1-mile radius

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,850 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.23 AC
Zoning
B3 - General Business

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
18-20-206-002
Land Assessment
$14,602
Improvements Assessment
$124,763
Total Assessment
$139,365
  • Listing ID: 36952471

  • Date on Market: 7/28/2025

  • Last Updated:

  • Address: 3655 N Vermilion St, Danville, IL 61832

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