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4401 27th St – Moline, IL

4401 27th St, Moline, IL, 61265, US

4401 27th St – Moline, IL_販売物件

ギャラリー

4401 27th St – Moline, IL 2_販売物件

物件概要

Address: 4401 27th St, Moline, IL 61265


Total GLA: 54,670


Occupancy: 100%


Tenancy: Ollie’s Bargain Outlet & Harbor Freight


In-Place NOI: $334,153


Cap Rate: 7.00%


​​​​​​​Asking Price: $4,775,000

特性

Building Area
5,079 平方メートル

投資のハイライト

Rapid Leasing Velocity

  • 100% Occupancy with National Tenants Harbor Freight & Ollie’s Bargain Outlet
  • Executed 54,670 sqft of leasing in under 9 months, successfully backfilling former Gordman’s box

Great Visibility and Access – 0.2 Miles From I-74 Interchange

  • Property is strategically located 0.2 miles west of the I-74 Interchange which features a traffic count of over 40,000 daily

Proximity to SouthPark Mall

  • Property is located on an outlot of SouthPark Mall, which experiences +1.6M visitors annually and features the following national tenants: Ashley Homestore, Dick’s Sporting Goods, Dillard’s, JC Penny, Hibbett Sports, and Von Maur

Minimal Capital Expenditures

  • Roof warranty through 2037

Downside Protection With Below Market Rents

  • Average in-place rent of $6.75 provides an attractive basis well below replacement cost with downside protection

Located in the Main Retail Corridor with the Surrounding National Tenants

  • Kohl’s
  • Hobby Lobby
  • Walmart
  • Lowe’s
  • PetSmart
  • Ross Dress For Less
  • Target
  • Menards


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Last updated
2023年1月17日