Endcap Retail
For Sale
Contact for pricing
1635 30th Street #102, Rock Island, IL 61201
The north end cap can be configured as a 1,500- or 2,500-square-foot suite.
Property Size1,500 SF
Price / SF$0.01
Days on Market32
Property Features for 1635 30th Street #102
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Neighborhood Storefront
Building Details
Year Built
2004
Listing Agency:
Mel Foster Co. Commercial
(563) 324-4488
Listed By:
Joe Wonio · License #B61948000/475.170079
(563) 370-8097
Source:
Helenoliveri
Added: Sep 29
Changed: Oct 28
Last Checked: Oct 28 at 4:35PM
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 Mel Foster Co. Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The retail property contains end-cap space at both ends of the building. The south end cap measures 2,000 square feet, while the north end cap can be divided into either 1,500 or 2,500 square feet. The building was constructed in 2004.
Key Highlights
- North end cap can be divided into 1,500 or 2,500 square feet
- South end cap measures 2,000 square feet
- Building dates to 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,405
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,100
$248.1K
Cap Rate 7%
$177,214
$177.2K
Cap Rate 9%
$137,833
$137.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$19.8K $13.20/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$17.7K $11.81/SF
− OpEx
−$5.3K −$3.54/SF
NOI
$12.4K $8.27/SF
Area
Rock Island County, IL
Vacancy
10.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,100
Cap Rate 7%
$177,214
Cap Rate 9%
$137,833
Alternative Uses
Best Use
Retail
$177.2K
$155.1K – $206.8K
NOI $12,405 @ 7.0% cap · market cap 68,916.67%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$255.5K
$223.5K – $298.0K
NOI $17,882 @ 7.0% cap · market cap 99,344.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
116k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Groceries 40%
Shops & Services 12%
Home Improvements & Furnishings 3%
Hy-Vee
Groceries
46,901 visits/mo
0.2 miles
McDonald's
Dining
29,497 visits/mo
0.2 miles
Checkers
Dining
8,573 visits/mo
0.1 miles
Shell
Shops & Services
8,439 visits/mo
0.2 miles
Dunkin' Donuts
Dining
7,746 visits/mo
0.2 miles
Demographics for 61201, IL
37,366
Population
17,459
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
17.9 sq mi
ZIP Area
2,087
Density / Sq Mi
$57,260
Median Household Income
$34,541
Median Earnings
$822
Median Rent
$118,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The north end cap can be configured as a 1,500- or 2,500-square-foot suite.
Where is this retail space located?
The property is located at 1635 30th Street #102 Rock Island, IL.
What are key features of this property?
This property features: North end cap can be divided into 1,500 or 2,500 square feet; South end cap measures 2,000 square feet; Building dates to 2004
