Property Listing No Longer Available for Sale

2002-2018 16th Street, Moline, IL

Retail for Sale - $382,500 - 18,020 Sq. Ft. on 0.97 acres


Property Info

CIMLS#837579
Location
  2002-2018 16th Street
  Moline IL 61265
UpdatedOctober 24th, 2016
TypeRetail
Price$382,500
Building18,020 Sq. Ft.
Land0.97 acres

Property Description

18,020 SF retail commercial space located at 2002-2008 & 2016-2018 16th Street, Moline. 100% leased. Ample parking and additional lighted lot. High traffic and visibility. Located Call LA for more details.

Location Description:

High Traffic & Visibility Location

Highlights:

>> Entire retail complex with high visibility for sale

>> Potential investment opportunity for buyer/user

>> End cap lease pending = 100% leased

>> Two (2) separate buildings; 18,020 SF of four (4) businesses

>> Three (3) lighted private and shared parking lots

>> Located along high traffic corridors in popular uptown business district

>> Many recent improvements to property - extending economic life of the buildings

>> Business synergy is vibrant and strong

>> Most desired business community with intense North-South and East-West traffic

>> High visibility along 16th Street, 20th Avenue and 23rd Avenue (Avenue of the Cities)

>> 8.5% Cap Rate

>> Motivated seller

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Financials