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    Danville, IL
    Strip Mall

    Danville, IL Strip Malls for Sale

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    Multi-Tenant Strip Center
    Updated: Oct 19
    Multi-Tenant Strip Center

    22 W Newell Rd, Danville, IL 61834

    $750,000
    27,050 sqft 4.18 AC lot
    27,050 SF retail center on 4.18 acres, built in 2002
    60% occupied, with 10,940 SF available for lease
    155 parking spaces
    Adjacent to Walmart Supercenter and Menards, which draw 2.7 million annual visitors combined
    Just off the Route 136 exit and entrance ramp; 13,400 vehicles pass daily
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    See hot listings in Danville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Danville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    B-3 Zoned Strip Center
    B-3 Zoned Strip Center

    1423 E Mound Rd, Decatur, IL 62526

    Contact for pricing
    11,856 sqft

    B-3 zoned strip center offering flexible space within a multi-tenant retail configuration.

    View details
    Decatur Retail Strip Center
    Decatur Retail Strip Center

    1423 E Mound Rd, Decatur, IL

    Contact for pricing
    6,000 sqft 0.69 AC lot

    6,000 SF retail center in Decatur, Illinois for sale.

    View details
    Retail Investment Opportunity For Sale
    Retail Investment Opportunity For Sale

    1005 W Bloomington Rd, Champaign, IL 61821

    Contact for pricing
    1 sqft

    Fully occupied retail strip center with high traffic visibility.

    View details
    Retail Strip Mall with Drive-Through
    Retail Strip Mall with Drive-Through

    409 W Town Center Blvd, Champaign, IL 61822

    Contact for pricing
    9,020 sqft

    New construction retail strip mall with four inline units, including two drive-thru suites and 68 on-site parking spaces.

    View details

    Danville, IL Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Danville, IL on our real estate platform. These investment opportunities span a total of 27,050 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for retail strips in Danville, IL average $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 4
    Shopping centers 3
    Auto shops 2
    Automotive properties 2
    Drug stores 1

    Demographics Overview

    Population 42K
    Population Growth (5Y) -11.4%
    Median Household Income $52,334
    College Educated 20.4%

    Taxes & Financing

    Tax Rate (average for all types) 9.28%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vermilion County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Danville fall within the 50,000 to 100,000 square foot range.

    How Realmo verifies these figures

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