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Three-Tenant Shopping Center
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3921 38th Street, Moline, IL 61265

Fully leased retail center with a drive-through restaurant and newly executed long-term tenant leases.

Property Size7,763 SF
Days on Market145

Property Features for 3921 38th Street

General Information

Standard status Active
Size 7,763 SF
Property subtype Retail
Occupancy 100%

Site & Location

Corner Location Yes
Drive-Thru Yes
Traffic Count 45,700 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2017
Buildings 1
Tenancy Multi
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 5:32PM

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 The Boulder Group

Investment Insights

Based on property information with market context.

Constructed in 2017, this 7,763-square-foot shopping center contains three leased retail suites occupied by Popeyes, Great Clips, and US Cellular. Popeyes operates with a drive-through, while the tenants have new ten-year leases featuring rental escalations during the primary term. The Popeyes lease is guaranteed by HZ Ops Holdings Inc.; US Cellular is operated by a corporate subsidiary, and Great Clips is run by an 11-unit operator.

The property occupies the corner of a signalized intersection at 3921 38th Street in Moline, Illinois, just off John Deere Road and Interstate 74. It functions as a shadow strip center to Walmart Supercenter and Lowe’s, with Menards, Sam’s Club, Target, Kohl’s, Hy-Vee, Regal Cinemas, and SouthPark Mall among the surrounding retailers. The site is also near John Deere World Headquarters, Trinity Medical Center, and Quad City International Airport. More than 55,000 residents live within three miles, with average household income of $73,031.

Key Highlights

  • 7,763‑square‑foot shopping center constructed in 2017
  • Three tenants: Popeyes, Great Clips, and US Cellular
  • New ten‑year leases with rental escalations during the primary term

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Nail Salon Skin Care Clinic Spa & Massage Center Hair Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

45,700 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby
457k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 45% Superstores 25% Shops & Services 10% Home Improvements & Furnishings 8%
Walmart Superstores
114,675 visits/mo 0.4 miles
Chick-fil-A Dining
47,907 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
35,712 visits/mo 0.3 miles
Marshalls Apparel
34,687 visits/mo 0.4 miles
Dollar Tree Shops & Services
21,381 visits/mo 0.4 miles

Demographics for 61265, IL

44,342
Population
20,396
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
89%
High-School Grad
19.2 sq mi
ZIP Area
2,309
Density / Sq Mi
$63,910
Median Household Income
$38,960
Median Earnings
$890
Median Rent
$142,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Rock River Plaza 41st Ave Dr, Moline, IL 61265
  • Valley Center Plaza 4100 44th Ave, Moline, IL 61265

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with a drive-through restaurant and newly executed long-term tenant leases.
Where is this shopping center located?
The property is located at 3921 38th Street Moline, IL.
What are key features of this property?
This property features: 7,763‑square‑foot shopping center constructed in 2017; Three tenants: Popeyes, Great Clips, and US Cellular; New ten‑year leases with rental escalations during the primary term
(847) 562-0003 Call to check price and availability
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