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    Vermilion County, IL NNN Properties for Sale

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    Retail Building with Two Tenants
    Updated: Apr 11
    Retail Building with Two Tenants

    3546 N Vermilion St, Danville, IL 61832

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    3,520 sqft 0.83 AC lot
    3,520 SF retail building built in 2016 on 0.83 acres, currently occupied by two original tenants: Verizon and Sport Clips.
    Verizon lease: 10‑year lease signed March 2016 with four years remaining on the original term plus two additional 5‑year options.
    Triple net leases in place for Verizon and Sport Clips for a more hands‑off ownership structure.
    Verizon options include 1% annual rent bumps to help provide inflation protection.
    Sport Clips lease signed June 2017 and extended in 2020, leaving five years left on the current term with annual rent increases.
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Vermilion County, IL, we suggest exploring several alternatives:

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    Explore 1 nnn properties for sale in Vermilion County, IL on our real estate platform. These investment opportunities span a total of 3,520 square feet of properties for sale.

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