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Former Theater Retail Space
For Lease
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2917 N Vermilion St, Danville, IL 61832

Former theater space is available within an anchored shopping center with excellent visibility on Vermilion Street.

Space Size16,427 SF
Days on Market254

Property Features for 2917 N Vermilion St

General Information

Standard status Active
Size 16,427 SF
Property subtype RETAIL

Spaces For Lease

at 2917 N Vermilion St Contact us

2917 N Vermillion St

Floor
1
Size
16,427 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Anchor opportunities available for lease (19,948 - 77,300 sf divisible) - Former...
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Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Paige Schiesser
Source: Moodyscre
Added: Jan 2 Changed: Aug 8 Last Checked: Sep 12 at 10:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This leasing offering includes a former theater space, along with anchor opportunities for tenants seeking larger footprints. The anchor spaces are divisible from 19,948 to 77,300 square feet.

The shopping center is located on heavily traveled Vermilion Street and is positioned among established co-tenants including Ross, County Market, Burlington, JOANN, and Slumberland.

Suites in this center provide options for users looking for either a theater-formatted space or a larger, divisible anchor opportunity.

Key Highlights

  • Anchor opportunities available for lease with 19,948 to 77,300 SF divisible
  • Former theater space available for lease
  • Excellent visibility on heavily traveled Vermilion Street

Property Analytics

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Current Use

County Market Grocery & Convenience Store Citi Trends Clothing & Fashion Store Dunham's Sports (Bike/Boat/Book/etc) Store Village Mall Shopping Center & Mall Small Business Development ... Business Service Center

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61832, IL

32,878
Population
16,390
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
1,204
Density / Sq Mi
$45,264
Median Household Income
$37,288
Median Earnings
$805
Median Rent
$78,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Ridgeview Plaza Ridgeview St, Danville, IL 61832
  • Village Mall 2917 N Vermilion St, Danville, IL 61832

Frequently Asked Questions

What type of property is this?
Shopping center - Former theater space is available within an anchored shopping center with excellent visibility on Vermilion Street.
Where is this shopping center located?
The property is located at 2917 N Vermilion St Danville, IL.
What are key features of this property?
This property features: Anchor opportunities available for lease with 19,948 to 77,300 SF divisible; Former theater space available for lease; Excellent visibility on heavily traveled Vermilion Street
(630) 954-7221 Call to check price and availability
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