Agent: Alex Kelly
Agent: Charlie Armstrong, SIOR
Agent: John Corelis
Agent: Thomas P. Dalton
Agent: Shawn Langan
Agent: John G. Ruhl
Agent: Richard Schaefer
Agent: Pete Stopulos
Agent: Richard Weinstein
Agent: Pete Hadjis
Agent: Ethan Simons
Agent: Carrie Lamb
Agent: Chris Beason
Listing ID: QC4260609
Sale: $2,190,000
Listing Courtesy Of Mel Foster Co. Commercial
Address: 4664 44TH Street
City: Rock Island
State: IL
Postal Code: 61201
County: Rock Island
Property Remarks
A remarkable opportunity for investment, a 12,036 SF modern retail building awaits in Rock Island, IL. Constructed in 2002, for the current tenant, Goodwill of the Heartland, please see www.goodwillheartland.com for tenant information and financials. This property encompasses a desirable B-4 zoning, nestled in a prime location, the building features a flexible floor plan with ample parking. Strategic access to major highways enhances connectivity, while the well-maintained, professional landscaping adds an attractive touch. Current tenant, Goodwill of the Heartland, lease through January 31, 2028 at the rate of $13.50 per square foot NNN, with option to extend the lease for 5 additional years at $14.00 PSF NNN. The NNN lease opportunity is offered at a 7.4% CAD rate.
Features
Property Details
County: Rock Island
Property Type: Commercial Sale
Total Building SqFt: 12036
Flooring: Concrete
Approximate Lot Acres: 1.96
Frontage/Access: City Street
Water Supply: Municipal Water
Sale/Rent: For Sale Only