306 S Gilbert St
Danville, IL 61832
Long John Silvers · Retail Property For Sale

The Northmarq National Restaurant Group is pleased to present this corporately guaranteed Long John Silver’s located at 306 S Gilbert Street in Danville, Illinois. The lease is backed by Long John Silver’s, LLC, providing credit security beyond an individual franchisee or personal guarantor.
Situated along South Gilbert Street, one of Danville’s primary commercial corridors, the property benefits from average daily traffic counts exceeding 25,100 vehicles while also being within a mile of I-74 with traffic counts exceeding 26,700 vehicles daily. The site is surrounded by a strong mix of national retailers including Taco Bell, Steak ’n Shake, Aldi, Arby’s, McDonald’s, and Subway, all within a half-mile radius, creating steady consumer activity and visibility.
The location is less than two miles from OSF Sacred Heart Medical Center and Danville Area Community College, which together generate consistent weekday traffic from employees, students, and visitors. Additionally, the City of Danville is advancing a 17,000-square-foot mixed-use redevelopment just 1.1 miles north at Vermilion and Fairchild Streets, expected to enhance the corridor’s long-term growth and retail demand.
With a corporate-backed lease, below-market rent, and proximity to major employers and new development, this property offers stable income and a well-positioned location within one of Illinois’ most active QSR markets.