Property Listing No Longer Available for Sale

4110 Avenue Of The Cities, Moline, IL

Retail for Sale - $399,000 - 12,760 Sq. Ft. on 0.46 acres


Property Info

CIMLS#834799
Location
  4110 Avenue Of The Cities
  Moline IL 61265
UpdatedApril 2nd, 2016
TypeRetail
Price$399,000
Building12,760 Sq. Ft.
Land0.46 acres

Property Description

Dollar General is Tenant with new 3 year option to begin 3/1/2014. Base year taxes, 2005. Tenant pays additional $265.83/month for parking lot maintenance. Investment grade credit - BBB by Standard & Poors. DG has been a tenant since 1/8/2003.

Location Description:

Located on Avenue of the Cities

Highlights:

>> Dollar General is current tenant with a new 3 year option to begin 3/1/14

>> Tenant since 1/8/03

>> Gross Operating Income - $43,417

>> Total Operating Expenses - $38,517

>> Building - 12,760 SF

>> Lot - .46 acres

>> Taxes - $11,646.60 (2012)

>> Zoned - Commercial

>> Price -$399,000

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Financials