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    Rock Island Retail Opportunity Title is generated by Realmo AI

    3100 11th St, Rock Island, IL

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    Retail property available in Rock Island, Illinois.

    Type:RETAIL
    Property size:
    13,656 SF
    Lot size:
    1.54 Acres
    Price / SF:
    $148/SF
    Added:
    Feb 10, 2025
    Days on Market:
    486
    Last Refresh:
    May 20 at 8:41 pm

    Property Features for 3100 11th St

    General Information

    Standard status
    Active
    Size
    13,656 SF
    Lot size
    1.54 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Ronnie Issenberg
    Ronnie Issenberg

    Listing agent Gabriel Britti License #SL3211804

    Listing office Marcus & Millichap | Miami

    Listing date Feb 10, 2025

    Source Moodyscre

    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 Marcus & Millichap | Miami

    HighLights

    • Retail property available
    • Located in Rock Island, Illinois

    Overview

    This retail property is located in Rock Island, Illinois. The building offers 13,656 square feet of space.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $180.3k $13.20
    − Vacancy −$18.9k −$1.39
    EGI $161.3k $11.81
    − OpEx −$48.4k −$3.54
    NOI $112.9k $8.27
    13,656 SF · lease $13.20/SF/yr · vacancy 10.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.61M
    $1.41M – $1.88M (±1% cap)
    NOI $112,932 @ 7.0% cap · market cap 5.58%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $2.33M
    $2.03M – $2.71M (±1% cap)
    NOI $162,799 @ 7.0% cap · market cap 8.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    James O'Grady, PharmD Pharmacy Western Union Bank LibertyX Bitcoin ATM Atm Coinhub Bitcoin ATM ... Atm Robert Goodloe Pharmacy

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rock Island
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.5835
    Latitude
    41.4784

    FAQs

    What type of property is this?
    Retail property - Retail property available in Rock Island, Illinois.
    Where is this retail property located?
    The property is located at 3100 11th St Rock Island, IL.
    What is the asking price?
    The asking price for this property is $2,022,545.
    What are key features of this property?
    This property features: Retail property available; Located in Rock Island, Illinois
    (786) 522-7000 Call to check price and availability
    More about this property
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