Absolute NNN Bank Branch
For Sale
Contact for pricing
Pending
4150 Kennedy Drive, East Moline, IL 61244
Ten bank locations are leased to First Midwest Bank under absolute net lease agreements.
Property SizeContact for details
Days on Market142
Property Features for 4150 Kennedy Drive
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Buildings
10
Listing Agency:
CBRE - Chicago
(404) 504-7893
Listed By:
Maury Vanden Eykel · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Apr 11 at 7:49AM
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 CBRE - Chicago
Investment Insights
Based on property information with market context.
The offering comprises fee-simple interests in a portfolio of 10 retail bank branches occupied by First Midwest Bank. Each location is subject to an absolute net lease, placing the portfolio within the NNN properties category. The tenant holds investment-grade credit ratings of BBB from S&P and Baa1 from Moody’s.
The branches operate within the Chicago metropolitan banking market and maintain an average market share of nearly 40%, according to the provided portfolio information. Investors may submit bids for an individual asset, a group of properties, or the complete 10-property portfolio. Individual property brochures are also available for further review.
The branches operate within the Chicago metropolitan banking market and maintain an average market share of nearly 40%, according to the provided portfolio information. Investors may submit bids for an individual asset, a group of properties, or the complete 10-property portfolio. Individual property brochures are also available for further review.
Key Highlights
- 10 retail bank branches included in the portfolio
- Absolute net leases with First Midwest Bank
- Fee‑simple interests offered across the properties
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
118k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Groceries 28%
Dining 27%
Electronics 1%
Jewel-Osco
Groceries
33,166 visits/mo
0.3 miles
Dollar Tree
Shops & Services
17,400 visits/mo
0.2 miles
Shell
Shops & Services
11,680 visits/mo
0.1 miles
Checkers
Dining
9,393 visits/mo
0.3 miles
Dollar General
Shops & Services
6,762 visits/mo
0.4 miles
Demographics for 61244, IL
24,004
Population
10,135
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
87%
High-School Grad
26.9 sq mi
ZIP Area
892
Density / Sq Mi
$66,827
Median Household Income
$39,823
Median Earnings
$828
Median Rent
$140,600
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 - Ten bank locations are leased to First Midwest Bank under absolute net lease agreements.
Where is this nnn property located?
The property is located at 4150 Kennedy Drive East Moline, IL.
What are key features of this property?
This property features: 10 retail bank branches included in the portfolio; Absolute net leases with First Midwest Bank; Fee‑simple interests offered across the properties
