Net-Leased Walgreens Retail
2955 18th Ave Rock Island, IL 61201
2955 18th Ave, Rock Island, IL, 61201
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For Sale
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Walgreens property on a leased double-net basis with 11 years remaining on the base term.
Days on Market102
Property Features for 2955 18th Ave
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
SURMOUNT
(332) 345-4222
Listed by
Glen Kunofsky · License #NY 49KU1129178
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 2:09AM Checked: Jul 21 at 7:04AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This for-sale Walgreens is offered on a 60-year double-net (NN) lease structure. The property includes approximately 13,905 rentable square feet of building space on an estimated 1.45-acre parcel.
The lease commenced March 19, 1998, and the base lease term has approximately 11 years remaining. The current annual rent is stated as $263,400.
The offering is structured around the existing Walgreens tenancy under the NN lease, providing a straightforward single-tenant retail configuration.
The lease commenced March 19, 1998, and the base lease term has approximately 11 years remaining. The current annual rent is stated as $263,400.
The offering is structured around the existing Walgreens tenancy under the NN lease, providing a straightforward single-tenant retail configuration.
Key Highlights
- Walgreens on a 1.45‑acre parcel in Rock Island, IL at 2955 18th Avenue
- ~13,905 rentable SF building on an estimated 1.45‑acre site
- Subject to a 60‑year double‑net (NN) lease with base term commencing March 19, 1998
Property Analytics
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
LibertyX Bitcoin ATM
Atm
Redbox
Cinema
FedEx OnSite
Postal Service
Walgreens
Pharmacy
Similar For Sale Nearby
Similar Off Market Nearby
- CVS — 2617 18th Ave, Rock Island, IL 61201
- CVS Pharmacy — 2617 18th Ave, Rock Island, IL 61201
- COVID-19 Drive-Thru Testing at Walgreens — 2955 18th Ave, Rock Island, IL 61201
- Hy-vee Inc. — 2930 18th Ave, Rock Island, IL 61201
- Andrew Peterson — 2955 18th Ave, Rock Island, IL 612014708
FAQs
What type of property is this?
Drug store - Walgreens property on a leased double-net basis with 11 years remaining on the base term.
Where is this drug store located?
The property is located at 2955 18th Ave Rock Island, IL.
What are key features of this property?
This property features: Walgreens on a 1.45‑acre parcel in Rock Island, IL at 2955 18th Avenue; ~13,905 rentable SF building on an estimated 1.45‑acre site; Subject to a 60‑year double‑net (NN) lease with base term commencing March 19, 1998
