Property Details

FULLY LEASED INVESTMENT OPPORTUNITY. This 10,800 SF professional office building is well located off John Deere Road and 38th Avenue in Moline. The building is fully leased to a single tenant (Law Firm), whose lease runs through October 2031. Tenant is paying $99,000/year in base rent + $$$ in monthly OEPX. The building was constructed in 1997 and sits on 1.00 acre. It features a large attached parking lot which can park approx. 60+ vehicles, as well as a large, well lit monument sign that faces John Deere Road for premier visibility. This building has been well maintained over the years and would make a great investment.

MLS#: QC4262370

Type: Office, Investment

Address: 4950 38th Ave

City: Moline

Zip: 61265

County: Rock Island
Sale Price: $1,320,000

Available SF: 0

Approx Acres: 1

Annual Taxes: $27,654.28 / 2023

Zoning: C

Listing Office: Hawkeye Commercial Real Estate

Brochure

New File

Agent

Chris Wilkins

Chris Wilkins

Vice President / Senior Broker
Max  Gellerman

Max Gellerman

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