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3217 Vermilion St Danville, IL 61832

Former Red Lobster, 8,565 SF

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional freestanding retail property, formerly a Red Lobster restaurant, presents a unique investment or lease opportunity in a high-traffic Danville, Illinois location. The 8,565 square foot building sits on a 1.38-acre lot and is available immediately for lease, ground lease, or build-to-suit (BTS) development. Its strategic location on Vermillion Street boasts an impressive daily traffic count exceeding 21,000 vehicles. This prime location offers excellent visibility and accessibility, further enhanced by its proximity to the Danville Village Mall, home to anchor tenants such as County Market and Ross Dress For Less, ensuring a strong customer base. The property's convenience is amplified by its close proximity to Sacred Heart Medical Center, a 174-bed facility, attracting a significant daily influx of patients, visitors, and staff. This presents a compelling opportunity for a variety of retail businesses seeking high visibility and a robust customer demographic. The single-tenant configuration offers flexibility and control, making it ideal for a range of uses. The property's size and location make it an attractive prospect for businesses seeking to establish a strong presence in a thriving community. Serious inquiries are encouraged to explore the potential of this exceptional retail space. Contact us today to learn more about lease terms and development options.

Highlights

  • Former Red Lobster restaurant; 8,565 square feet.
  • Single-tenant freestanding retail building on 1.38 acres.
  • High-traffic location on Vermillion Street (21,000+ cars per day), near Danville Village Mall.
  • Close proximity to Sacred Heart Medical Center (174 beds).
  • Immediately available for lease, ground lease, or build-to-suit.

Property Details for 3217 Vermilion St

Property type
Retail properties
RSF (Rentable sq. ft)
8,565 SF

Unit(s) available at that property

Space
Size
8,565 SF

Location Insight

City
Danville
County
Vermilion
State
Illinois
Latitude
40.1763876
Longitude
-87.6294346

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FAQs

What type of property is this?
Retail property - Former Red Lobster, 8,565 SF
Where is the retail property located?
The property is located at 3217 Vermilion St Danville, IL.
What are key features of this property?
This property features: Former Red Lobster restaurant; 8,565 square feet.; Single-tenant freestanding retail building on 1.38 acres.; High-traffic location on Vermillion Street (21,000+ cars per day), near Danville Village Mall.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Property Records

Contacts

Caleb Mann
Caleb Mann
Brendan Watt
Brendan Watt
Visit Broker Website

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Useful Information

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Vermilion St
Danville, IL 61832

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Vermilion St
Danville, IL 61832

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3217 Vermilion St
  • Caleb Mann
    Caleb Mann
  • Brendan Watt
    Brendan Watt
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