3217 N Vermilion St | Danville, IL 61832
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- LoopNet Team
3217 N Vermilion St
Danville, IL 61832
Red Lobster · Retail Property For Sale
Investment Highlights
- Long-Term, 26.5-Year Absolute Triple-Net (NNN) Lease with Approximately 20.5 Years Remaining on the Base Term
- Attractive Rental Increases of Two Percent (2.00%) Annually
- Corporate Tenant | Corporate Guaranty
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,565 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.42 AC
Zoning
B3, Danville
Parking
86 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
316 FT on N Vermilion St
PROPERTY TAXES
| Parcel Number | 18-20-400-022 | Improvements Assessment | $265,768 |
| Land Assessment | $118,276 | Total Assessment | $384,044 |
PROPERTY TAXES
Parcel Number
18-20-400-022
Land Assessment
$118,276
Improvements Assessment
$265,768
Total Assessment
$384,044
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