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    2340-2346 53rd St Moline, IL 61265

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    For Lease
    $480,000

    Multitenant retail property in Moline, Illinois, with two tenants.

    Type:Retail
    Added:
    Nov 21, 2025
    Days on Market:
    168
    Last Refresh:
    Apr 5 at 8:54 pm

    Property Features for 2340-2346 53rd St

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1976

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    Listing Contact
    Doug Passon

    Listing agent Doug Passon License #MI 6502361821

    Listing office

    Listing date Nov 21, 2025

    Source Fortisnetlease

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Doug Passon

    HighLights

    • Duel tenant property with two NN leases, offering minimal landlord responsibilities and passive income potential.
    • Strategically positioned off 53rd Street with high traffic volume (19,000+ VPD).
    • Located in a densely populated area with strong demographics: 5‑mile population exceeds 157,093 residents and average household income exceeds $77,072.
    • Ideal for a 1031 exchange buyer seeking fee simple ownership of a multitenant property.
    • Property size: 4,820 SF multitenant building on 0.60 acres.
    • Located in Moline, a vibrant city in the Quad Cities region with a diverse and resilient economy.

    Overview

    Moline Multitenant Retail Property

    This multitenant property, occupied by Mango Bay Tanning and Julie's Slots, is located at 2346 53rd St in Moline, IL. The property is encumbered with two NN leases, offering minimal landlord responsibilities. Situated off 53rd Street, which sees over 19,000 vehicles per day, the location benefits from a dense demographic, with a population exceeding 115,536 within a 5-mile radius and over 48,801 households. The median home value within 3 miles exceeds $141,054, and the average household income within 5 miles exceeds $77,072. The property is a 4,820 square foot multitenant building situated on 0.60 acres. The population within 3 miles exceeds 64,912, and within 5 miles, it exceeds 157,093. Moline is a city along the Mississippi River in the Quad Cities region, offering a mix of urban amenities and natural beauty. The city's economy includes manufacturing, healthcare, education, and transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.465
    Latitude
    41.4889

    FAQs

    What type of property is this?
    Retail space - Multitenant retail property in Moline, Illinois, with two tenants.
    Where is this retail space located?
    The property is located at 2340-2346 53rd St Moline, IL.
    What is the lease rate?
    The lease rate is $480,000.
    What are key features of this property?
    This property features: Duel tenant property with two NN leases, offering minimal landlord responsibilities and passive income potential.; Strategically positioned off 53rd Street with **high traffic volume (19,000+ VPD)**.; Located in a densely populated area with **strong demographics**: 5‑mile population exceeds 157,093 residents and average household income exceeds $77,072.
    More about this property
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