Moline Multitenant Retail
For Lease
$480,000
2340-2346 53rd St, Moline, IL 61265
Multitenant retail property in Moline, Illinois, with two tenants.
Space SizeContact for details
Days on Market272
Property Features for 2340-2346 53rd St
General Information
Standard status
Active
Property subtype
Retail
Net Operating Income
$46,800
Building Details
Year Built
1976
Listing Agency:
Fortis Net Lease
(248) 254-3407
Listed By:
Doug Passon · License #6502361821
Source:
Fortisnetlease
Added: Nov 21, 2025
Changed: Aug 15
Last Checked: Aug 20 at 4:42AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This multitenant property, occupied by Mango Bay Tanning and Julie's Slots, is located at 2346 53rd St in Moline, IL. The property is encumbered with two NN leases, offering minimal landlord responsibilities. Situated off 53rd Street, which sees over 19,000 vehicles per day, the location benefits from a dense demographic, with a population exceeding 115,536 within a 5-mile radius and over 48,801 households. The median home value within 3 miles exceeds $141,054, and the average household income within 5 miles exceeds $77,072. The property is a 4,820 square foot multitenant building situated on 0.60 acres. The population within 3 miles exceeds 64,912, and within 5 miles, it exceeds 157,093. Moline is a city along the Mississippi River in the Quad Cities region, offering a mix of urban amenities and natural beauty. The city's economy includes manufacturing, healthcare, education, and transportation.
Key Highlights
- Duel tenant property with two NN leases, offering minimal landlord responsibilities and passive income potential.
- Strategically positioned off 53rd Street with high traffic volume (19,000+ VPD).
- Located in a densely populated area with strong demographics: 5‑mile population exceeds 157,093 residents and average household income exceeds $77,072.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Groceries 28%
Dining 22%
Apparel 9%
Jewel-Osco
Groceries
33,166 visits/mo
0.3 miles
Dollar Tree
Shops & Services
17,400 visits/mo
0.4 miles
Shell
Shops & Services
11,680 visits/mo
0.4 miles
Goodwill
Apparel
10,410 visits/mo
0.3 miles
Village Inn
Dining
8,393 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Multitenant retail property in Moline, Illinois, with two tenants.
Where is this retail space located?
The property is located at 2340-2346 53rd St Moline, IL.
What is the lease rate?
The lease rate is $480,000.
What are key features of this property?
This property features: Duel tenant property with two NN leases, offering minimal landlord responsibilities and passive income potential.; Strategically positioned off 53rd Street with **high traffic volume (19,000+ VPD)**.; Located in a densely populated area with **strong demographics**: 5‑mile population exceeds 157,093 residents and average household income exceeds $77,072.
