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    4111 Vermilion St Danville, IL 61834

    For Lease
    $15 SF/Yr ($18,000 /Mo)

    Prime Retail Space Available, Danville, IL

    Lot size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents 3,840 square feet of vacant space within the thriving Danville Crossing shopping center in Vermilion County, Illinois. Located at 4111 N Vermilion St, this storefront property is part of a larger 14,400 square foot multi-tenant building zoned B-3 General Business. The space is offered as a "vanilla box," providing a blank canvas for customization to suit your specific business needs. This highly visible location benefits from its proximity to a Walmart Supercenter and sits along Danville's main north retail corridor, ensuring high foot traffic and excellent brand visibility. The surrounding area boasts a strong mix of established retailers, including GameStop, Great Clips, Cricket Wireless, and Aaron's, creating a synergistic and attractive retail environment. The property's Net Net Net (NNN) expenses are $4.40 per square foot. This is an ideal location for businesses seeking a prominent presence in a busy and established retail center. The minimum divisible space is 0 square feet, offering flexibility for businesses of various sizes. This presents a unique chance to establish or expand your retail presence in a high-traffic area with strong neighboring businesses. Don't miss this opportunity to secure a prime retail location in a thriving commercial center.

    Property Features for 4111 Vermilion St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,400 SF
    Total Rate
    18000

    Unit(s) available at that property

    Space
    Suite 3
    Size
    3,840 SF
    Rate per SF
    $15

    HighLights

    • 14,400 SF retail building with multiple tenancies in Vermilion County.
    • 3,840 SF of vacant storefront space available.
    • Minimum divisible space is 0 SF (entire 3,840 SF available).
    • B‑3 General Business zoning.
    • Located in Danville Crossing, next to Walmart and other national retailers.
    • NNN expenses are $4.40/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sally Beauty Beauty Supply Store Cricket Wireless Authorized ... Cell Phone Store GameStop Video Game Store Larae & Endow Law ... Medical Lawyer US Naval Recruiting Military Recruiting Office

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Vermilion
    State
    Illinois
    Longitude
    -87.6299365
    Latitude
    40.2025894

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space Available, Danville, IL
    Where is this individual retail property located?
    The property is located at 4111 Vermilion St Danville, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 14,400 SF retail building with multiple tenancies in Vermilion County.; 3,840 SF of vacant storefront space available.; Minimum divisible space is 0 SF (entire 3,840 SF available).
    Request Owner's contact information
    4111 Vermilion St Danville, IL 61834
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    Danville, IL 61834
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4111 Vermilion St Danville, IL 61834
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