Moline Walgreens with NNN Lease

3601 16th St, Moline, IL

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For Sale

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Walgreens NNN lease with 11+ years remaining in Moline.

Type:RETAIL

Property size:

15,120 SF

Lot size:

1.70 Acres

Price / SF:

$270/SF

HighLights

NNN Lease with over 11 years of firm term remaining, offering a passive, hands‑free investment.
Prime corner location at a signalized intersection with high traffic volume (16th Street: 19,800 VPD, 36th Avenue: 10,900 VPD) and ample visibility.
Long operating history of 20+ years, indicating established community presence.
Multiple access points from 16th Street and 15th Street.

We can help!

Listing Contact

Marco DiPrinzio

For Sale

Contact for pricing

Walgreens NNN lease with 11+ years remaining in Moline.

Type:RETAIL

Property size:

15,120 SF

Lot size:

1.70 Acres

Price / SF:

$270/SF

Added:: Apr 30, 2025
Days on Market:: 413
Last Refresh:: May 20 at 8:42 pm

Property Features for 3601 16th St

General Information

Standard status: Active
Size: 15,120 SF
Lot size: 1.70 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Marco DiPrinzio

Listing agent Marco DiPrinzio

Listing office Forged Real Estate

Listing date Apr 30, 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 Forged Real Estate

HighLights

NNN Lease with over 11 years of firm term remaining, offering a passive, hands‑free investment.
Prime corner location at a signalized intersection with high traffic volume (16th Street: 19,800 VPD, 36th Avenue: 10,900 VPD) and ample visibility.
Long operating history of 20+ years, indicating established community presence.
Multiple access points from 16th Street and 15th Street.

Overview

This property is occupied by Walgreens, operating under a triple-net (NNN) lease with over 11 years of firm term remaining, offering a passive ownership structure. Walgreens has been operating at this location since 2002, establishing a long operating history of over 20 years within the community. The property is located at the corner of the signalized intersection between 16th Street, which has a traffic volume of 19,800 vehicles per day (VPD), and 36th Avenue, which has a traffic volume of 10,900 vehicles per day (VPD), providing ample visibility. The property also has multiple access points from both 16th Street and 15th Street D. The property size is 15,120 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service Walgreens Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm COVID-19 Drive-Thru Testing ... Pharmacy

Suggested Use

Similar Places Nearby

Rotech — 1515 46th Ave, Moline, IL 61265
Family Medicine Moline — 3904 16th St, Moline, IL 61265

Location Insight

Map
Local Demand

City: Moline
County: Rock Island
State: Illinois
Longitude: -90.5072
Latitude: 41.4781

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For sale
Drug stores
IL
Moline
3601 16th St

What type of property is this?

Drug store - Walgreens NNN lease with 11+ years remaining in Moline.

Where is this drug store located?

The property is located at 3601 16th St Moline, IL.

What is the asking price?

The asking price for this property is $4,084,000.

What are key features of this property?

This property features: NNN Lease with over 11 years of firm term remaining, offering a passive, hands‑free investment.; **Prime corner location at a signalized intersection with high traffic volume** (16th Street: 19,800 VPD, 36th Avenue: 10,900 VPD) and ample visibility.; Long operating history of 20+ years, indicating established community presence.

3601 16th St, Moline, IL

Walgreens NNN lease with 11+ years remaining in Moline.

Property Features for 3601 16th St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

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Moline Office/Medical Opportunity For Sale

Moline Mixed-Use Property For Sale

Retail Investment Opportunity in Moline

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Retail, Multifamily

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