Drive-Through NNN
For Sale
Contact for pricing
2943 18th Ave, Rock Island, IL 61201
Former KFC restaurant with vehicle service access and on-site customer parking.
Property Size2,100 SF
Lot Size0.29 Acres
Price / SF$665.31
Days on Market147
Property Features for 2943 18th Ave
General Information
Standard status
Active
Size
2,100 SF
Class
B
Total Parking Spaces
20
Lot size
0.29 Acres
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$97,795
Financials
Asking Price
$1,397,142
Cap Rate
7%
Additional Details
Drive-Thru
Yes
Building Details
Year Built
1994
Buildings
1
Stories
1
Listing Agency:
Matthews
Listed By:
Trever Gallina · License #40ga0925878
Source:
Crexi
Added: Apr 7
Changed: Aug 30
Last Checked: Aug 30 at 8:56PM
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 Matthews
Investment Insights
Based on property information with market context.
The property is a former KFC restaurant comprising approximately 2,100 SF on approximately 0.29 acres. Built in 1994, the building includes a drive-through and 20 parking spaces, providing an established quick-service restaurant configuration.
The asset is located at 2943 18th Ave in Rock Island, Illinois, within the Quad Cities area. It is offered with an absolute NNN lease structure, approximately 8 years remaining, and 10% rent increases scheduled every 5 years. The lease includes a corporate guarantee from FQSR LLC and carries a 7.00% cap rate.
The asset is located at 2943 18th Ave in Rock Island, Illinois, within the Quad Cities area. It is offered with an absolute NNN lease structure, approximately 8 years remaining, and 10% rent increases scheduled every 5 years. The lease includes a corporate guarantee from FQSR LLC and carries a 7.00% cap rate.
Key Highlights
- Former KFC building with approximately 2,100 SF on approximately 0.29 acres
- Drive‑through service lane and 20 parking spaces
- Absolute NNN lease with approximately 8 years remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
435
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
0.1 miles
McDonald's
Dining
29,497 visits/mo
0.1 miles
Checkers
Dining
8,573 visits/mo
0.1 miles
Shell
Shops & Services
8,439 visits/mo
0.1 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
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 - Former KFC restaurant with vehicle service access and on-site customer parking.
Where is this nnn property located?
The property is located at 2943 18th Ave Rock Island, IL.
What is the asking price?
The asking price for this property is $1,397,142.
What are key features of this property?
This property features: Former KFC building with approximately 2,100 SF on approximately 0.29 acres; Drive‑through service lane and 20 parking spaces; Absolute NNN lease with approximately 8 years remaining
