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$ 2,190,000
Est. payment | /mo
12,036 SqFt
$ 2,190,000
Est. payment | /mo
12,036 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 12,036 sqft
Price per Sqft $181
MLS Listing ID QC4260609
Year Built 2002
Annual Tax Amount $44,444
Lot Size 1.960 Acres
Property Sub-Type Retail/Stores
Property Description
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.
Location
State IL
County Rock Island
Area Rock Island
Zoning B-4
Interior
Cooling Central Air
Flooring Concrete
Fireplace N
Building
Dwelling Type Retail/Stores
Water Municipal Water
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Listed by Thad Denhartog, SIOR of Mel Foster Co. Commercial
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