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Shopping Center Former Theater Space
For Lease
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2917 N Vermilion Street, Danville, IL 61832

Former theater space is available within a shopping center with excellent visibility on a heavily traveled street.

Property Size19,948 SF - 77,300 SF
Days on Market209

Property Features for 2917 N Vermilion Street

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

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: Jan 2 Changed: Jul 30 Last Checked: Jul 30 at 8:12AM

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.

A shopping center offering leasing opportunities including a former theater space and anchor-tenant options. The available space is divisible from 19,948 SF up to 77,300 SF, supporting a range of retail and commercial uses. The property totals 41,149 SF.

The center is positioned for visibility on heavily traveled Vermilion Street in Danville, IL. Current co-tenants include ROSS, County Market, Burington, JoAnn, and Slumberland.

For tenants seeking a location with strong customer-facing exposure and flexible space configurations, this center provides both a theater-anchored layout option and larger, divisible opportunities for anchor tenants.

Key Highlights

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

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