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4401 27th St
Moline, IL 61265
Ollie's/Harbor Freight · Retail Property For Sale
Investment Highlights
- Close proximity to the interstate and SouthPark Mall.
- Long term leases, with a WALT of 8.5 years.
- Located in the retail corridor with surrounding national tenants such as Wal-Mart, Target, Lowe's, Menards, Hobby Lobby, Kohl's, Petsmart and Ross.
- Minimal capital expenditures, with a roof warranty through 2037.
- Average in-place rent of $6.75 provides an attractive basis well below replacement cost with downside protection.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
52,463 SF
Building Class
B
Year Built/Renovated
1974/2023
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.32
Lot Size
3.77 AC
Zoning
B-4 - Commercial zone
Parking
156 Spaces (2.97 Spaces per 1,000 SF Leased)
Frontage
338’ on John Deere Rd
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 17-16-111-001 | Improvements Assessment | $184,027 |
| Land Assessment | $174,280 | Total Assessment | $358,307 |
Property Taxes
Parcel Number
17-16-111-001
Land Assessment
$174,280
Improvements Assessment
$184,027
Total Assessment
$358,307
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