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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    3649 N Vermilion St, Danville, IL 61832

    9.43 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-4269340
    Property summary
    AI-generated overview

    This exceptional 800-square-foot retail space offers a prime, in-store location within a high-traffic Meijer supermarket in Danville, Illinois (zip code 61832, Vermilion County). Situated at 3649 N Vermilion St, this single-tenant space provides unparalleled visibility and access to thousands of weekly shoppers. The "Store-Within-A-Store" concept offers significant advantages, including a high-traffic, front-of-store location strategically placed for maximum customer interaction. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities, simplifying operational costs. Branding opportunities are available, both internally and externally, maximizing exposure. This location benefits from exceptional demographics within a thriving trade area. Ideal for various businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. This is a unique opportunity to establish a presence in a well-known Midwest retail destination. The property is currently vacant and ready for immediate occupancy.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 9.43 ac (410,771 SF)
    APN 18-20-205-002
    UPID US28-4269340
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Meijer Electronics & Wireless Store
    • Meijer Optical - CLOSING SOON! Physician
    • Meijer Pharmacy Pharmacy
    • home optical Ophthalmologist (Bike/Boat/Book/etc) Store
    • Quick-Tag (Bike/Boat/Book/etc) Store Pet Store & Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    MEIJER STORES LIMITED PRTN, MEIJER
    MEIJER STORES LIMITED PRTN, MEIJER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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