3217 Vermilion StDanville, IL 61832

For Lease
Call for price

Former Red Lobster, 8,565 SF

Overview

Added:
Dec 11, 2024
Days on market:
91
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.

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
3217 Vermilion St, Danville, Illinois

FAQs

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3217 Vermilion St
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