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4401 27th St
Moline, IL 61265
Retail Property For Sale
Executive Summary
This is an incredible investment opportunity with 100% occupancy from national tenants Harbor Freight and Ollie's Bargain Outlet.
The Property gains synergistic retail consumers from national retailers Target, Kohl’s, and Hobby Lobby to the east, while benefiting from close proximity (0.2 miles) to the I-74 interchange to the west. The Property features the dense residential population of the “Quad Cities” to the north, along with proximity to the area’s International Airport, just south below the Rock River.
The Property gains synergistic retail consumers from national retailers Target, Kohl’s, and Hobby Lobby to the east, while benefiting from close proximity (0.2 miles) to the I-74 interchange to the west. The Property features the dense residential population of the “Quad Cities” to the north, along with proximity to the area’s International Airport, just south below the Rock River.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
52,463 SF
Building Class
B
Year Built/Renovated
1974/2023
Price
$3,900,000
Price Per SF
$74.34
Cap Rate
8.52%
NOI
$332,142
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.13
Lot Size
9.48 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
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