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555 19th Ave
Moline, IL 61265 Old Towne

$4,000,000 USD

Drugstore For Sale  •  12,724 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,392 SF
  • Lot Size 1.69 AC
  • Building Class C
  • Year Built 2002
  • Cap Rate 8.25 %
  • Tenancy Single
  • Zoning MOL
38 Transit Score
75 Walk Score

Highlights

Over 8 years remain on the primary lease term
NNN lease – No landlord responsibilities
Successful operating history since 2002 with a long-term extension
Signalized hard corner along 19th Avenue & 7th Street – Combined 23,700 VPD
Neighboring retailers include Jewel-Osco, Salvation Army, Starbucks, O’Reilly Auto Parts, Shell, UnityPoint, & several others
Over 166,000 people live within a five-mile radius

Property Flyers

Cap Rate: 8.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 2/28/2034

Public Transportation

AirportDriveWalkDistance
Quad Cities International 12 min - 5.1 mi
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group