302-306 W Fairchild St - Storefront FOR SALE


Danville, IL 61832
$600,000 USD
480-205-7637
302-306 W Fairchild St, Danville, IL for Sale
$600,000 USD
Storefront - FOR SALE
1/15
null | 3.03% Cap Rate

302-306 W Fairchild St
Danville, IL 61832


OVERVIEW

Prime 2 unit building at "main and main" in Danville, IL and adjacent to a top performing Dollar General. Papa John's (Bajco - large 200+ unit operator) has been at the property for a couple decades and just extended their lease with over 7 years remaining. The vacant space is 2,000 SF and formerly occupied by Jimmy John's who successfully operated at the location and relocated just a block over to a drive thru. The building is 3,000 SF total. An investor or owner/user can take advantage of an existing restaurant space that has existing buildout and easy for someone to come in and start operating.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

3.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Papa John's and vacant restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

B3

APN/PARCEL ID

23-05-311-005

ASK ABOUT THIS PROPERTY

Brad TeitelbaumBellagio Real Estate Partners LLCMore Info
480-205-7637

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Brad TeitelbaumBellagio Real Estate Partners LLCMore Info
480-205-7637

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.