302-306 W Fairchild St, Danville, IL
Top 2% Papa John's Nationwide | Built in Rent Growth | NNN Leases | Danville, IL
Marketing description
Bellagio Real Estate Partners, LLC is pleased to present a 100% occupied, two-tenant retail property located at the signalized corner of Gilbert Street and Fairchild Street. The property is leased to Bajco 100, LLC, one of the largest private franchisees of Papa Johns in North America with 275+ locations, and The Joint Smoke Shop, a growing regional operator with five locations across Illinois and Indiana. The asset benefits from strong visibility, convenient access from both Gilbert Street and Fairchild Street, and ample on-site parking with over 35 spaces. Positioned adjacent to a high-performing Dollar General ranking in the 98th percentile nationwide (Placer.ai), the property is surrounded by national retailers including Walgreens, CVS, Dollar Tree, Hardee’s, Sonic, Domino’s, and AutoZone. The surrounding trade area is supported by over 40,000 residents within a five-mile radius. Featuring long-term leases with built-in rent growth, this broker-owned offering presents a stabilized, low-management investment in e-commerce-resistant retail categories within a strong neighborhood retail corridor.
Investment highlights
One of the largest Private Papa John’s franchisees in North America with 275+ locations.
Papa John’s ranks in the 98th percentile Nationwide (Placer.ai).
Situated at the signalized southeast corner of Gilbert Street and Fairchild Street, which sees traffic of over 29,000 VPD.
The Joint Smoke Shop is a well-known regional operator in Illinois and Indiana.
Adjacent is a high performing Dollar General that ranks in the 98th percentile Nationwide (Placer.ai).
Easy access from Gilbert St and Fairchild St.
Ample Parking with over 35 spaces.
Over 40,000 residents within a 5-mile radius.
Surrounded by other major retailers such as Walgreens, Dollar General, Hardee’s, Sonic, CVS, Dollar Tree, Domino’s, AutoZone and more.
Major nearby employers include OSF Saint Elizabeth Medical Center, Hyster-Yale Materials Handling, Bunge North America, Danville VA, Clinic.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
