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#918752
Location
  4110 Avenue Of The Cities
  Moline IL 61265
UpdatedMay 11th, 2017
TypeRetail
Price$399,000
Building12,760 Sq. Ft.
Land0.46 acres

Property Description

Great single tenant investment opportunity. 100% occupied with a subsidiary of a publicly traded company (NASD/DG). Dollar General has been a tenant since 2003 with a new 4 year option just exercised. Recently remodeled building. Positioned along the retail trade areas primary east-west thoroughfare. Minimal Landlord responsibilities. CAP rate of 8.4%.

Location Description:

Located on Avenue of the Cities

Highlights:

>> Tenant is a subsidiary of a publicly traded company (NASD/DG)

>> Dollar General has been a tenant since 2003 with a new 4 year option just exercised

>> Recently remodeled building

>> Positioned along the retail trade areas primary east-west thoroughfare

>> Minimal Landlord responsibilities

>> Building


Financials