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Shopping Center with Divisible Anchor Space
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2917 N Vermilion St, Danville, IL 61832

Former theater space and divisible anchor opportunities available in a shopping center with strong visibility on Vermillion Street.

Property Size19,948 SF - 77,300 SF
Days on Market347

Property Features for 2917 N Vermilion St

General Information

Standard status Active
Size 19,948 SF - 77,300 SF
Net Rentable 19,948 SF
Property subtype RETAIL

Space & Availability

Available Space 19,948-77,300 SF
Divisible Yes
Space Use Retail

Additional Details

Anchor Co-Tenants ross, county market, burington, joann, slumberland

Building Details

Tenancy Multi
Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Paige Schiesser
Source: Moodyscre
Added: Aug 18, 2025 Changed: Jul 30 Last Checked: Jul 30 at 8:01AM

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 leasing opportunities that include former theater space and anchor options with divisible space ranging from 19,948 to 77,300 SF. The center also benefits from an established tenant mix, with co-tenants including Ross, County Market, Burlington, Joann, and Slumberland.

Located at 2917 N Vermilion St in Danville, IL 61832, the property is positioned for high visibility on heavily traveled Vermillion Street.

The available space configuration supports a range of retail and entertainment users looking to join existing neighborhood-serving tenants within a shopping center setting.

Key Highlights

  • Divisible anchor space available from 19,948 to 77,300 SF
  • Former theater space available for lease
  • Strong 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

Multi-tenant
Tenancy
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 and divisible anchor opportunities available in a shopping center with strong visibility on Vermillion 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: Divisible anchor space available from 19,948 to 77,300 SF; Former theater space available for lease; Strong visibility on heavily traveled Vermillion Street
(630) 954-7221 Call to check price and availability
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