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Shopping Center Retail Space
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2917 N Vermilion St, Danville, IL 61832

Former theater space is available within a shopping center anchored by major retailers and offering divisible leasing opportunities.

Property Size77,300 SF
Days on Market966

Property Features for 2917 N Vermilion St

General Information

Standard status Active
Size 77,300 SF
Property subtype RETAIL
Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Paige Schiesser
Source: Moodyscre
Added: Dec 7, 2023 Changed: Jul 28 Last Checked: Jul 30 at 8:52AM

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 shopping center offers retail leasing options, including anchor opportunities sized for division from 19,948 to 77,300 square feet. A former theater space is also available for lease, providing a distinctive larger-format footprint within the center.

The property is located on heavily traveled Vermilion Street and benefits from strong established co-tenancy. Current and joining retailers listed include Ross, County Market, Burlington, JOANN, and Slumberland.

Leasing is available for both large-format anchor users and the former theater space, supporting a range of retail concepts that can fit the existing center configuration and tenant mix.

Key Highlights

  • Divisible lease space from 19,948 to 77,300 SF available for lease
  • Former theater space available within the shopping center
  • Excellent visibility on heavily traveled Vermillion Street

Property Analytics

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 Building Supply Big Box & Wholesale Store Law Firm Pharmacy Auto Parts Store

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

405
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

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 a shopping center anchored by major retailers and offering divisible leasing opportunities.
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: Divisible lease space from 19,948 to 77,300 SF available for lease; Former theater space available within the shopping center; Excellent visibility on heavily traveled Vermillion Street
(630) 954-7221 Call to check price and availability
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