Absolute NNN Restaurant
For Sale
Contact for pricing
Pending
2001 1st Street A, Moline, IL 61265
Renovated Village Inn location occupies a build-to-suit building on a substantial commercial parcel.
Property Size5,479 SF
Lot Size1.03 Acres
Days on Market142
Property Features for 2001 1st Street A
General Information
Standard status
Pending
Size
5,479 SF
Lot size
1.03 Acres
Property subtype
Retail
Building Details
Year Built
1981
Listing Agency:
Marcus & Millichap - Columbus
Listed By:
Craig Fuller · License #OH 2008001551
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 3:12PM
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 - Columbus
Investment Insights
Based on property information with market context.
The property is a Village Inn restaurant operated by the corporate system of a brand with more than 122 U.S. locations. Improvements include a 5,479-square-foot build-to-suit restaurant constructed in 1981 and extensively renovated over time. The building occupies a 1.03-acre parcel and has supported restaurant operations for more than 41 years.
The site is at 2001 1st Street A in Moline, Illinois, within the Quad Cities metropolitan area. Jewel-Osco provides nearby retail presence, while surrounding retailers and service providers include O’Reilly Auto Parts, AutoZone, UnityPoint, Family Dollar, Aldi, Verizon, Hy-Vee, Walgreens, McDonald’s, Wendy’s, and Hardee’s. The surrounding population totals 16,572 residents within 1 mile, 69,907 within 3 miles, and 167,445 within 5 miles.
The tenancy is structured as an absolute NNN lease with zero landlord responsibilities. More than 2 years remain on the current term, followed by four 5-year options and a 10% increase in the next option period.
The site is at 2001 1st Street A in Moline, Illinois, within the Quad Cities metropolitan area. Jewel-Osco provides nearby retail presence, while surrounding retailers and service providers include O’Reilly Auto Parts, AutoZone, UnityPoint, Family Dollar, Aldi, Verizon, Hy-Vee, Walgreens, McDonald’s, Wendy’s, and Hardee’s. The surrounding population totals 16,572 residents within 1 mile, 69,907 within 3 miles, and 167,445 within 5 miles.
The tenancy is structured as an absolute NNN lease with zero landlord responsibilities. More than 2 years remain on the current term, followed by four 5-year options and a 10% increase in the next option period.
Key Highlights
- Absolute NNN lease structure with zero landlord responsibilities
- Over 2‑years remaining on the current term, a 10% bump in the next option, and four 5‑year options
- 5,479 SF build‑to‑suit restaurant on a 1.03‑acre parcel, constructed in 1981
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
99k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Dining 30%
Shops & Services 27%
Apparel 2%
Jewel-Osco
Groceries
37,535 visits/mo
0.1 miles
Shell
Shops & Services
11,861 visits/mo
0.4 miles
Village Inn
Dining
10,022 visits/mo
0.1 miles
Starbucks
Dining
6,798 visits/mo
0.1 miles
Little Caesars Pizza
Dining
6,372 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Renovated Village Inn location occupies a build-to-suit building on a substantial commercial parcel.
Where is this nnn property located?
The property is located at 2001 1st Street A Moline, IL.
What are key features of this property?
This property features: Absolute NNN lease structure with zero landlord responsibilities; Over 2‑years remaining on the current term, a 10% bump in the next option, and four 5‑year options; 5,479 SF build‑to‑suit restaurant on a 1.03‑acre parcel, constructed in 1981
