Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1620 5Th Ave Moline, IL 61265

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    3,138 sq ft Retail Space - Available Now

    Lot size:
    3,138 SF

    Property Features for 1620 5Th Ave

    General Information

    Property type
    Retail properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,138 SF
    Total Rate
    6537.5

    Spaces For Lease

    at 1620 5Th Ave, Moline, IL 61265 Contact us
    Unit Retail Space Available

    $25 /Mo

    Size
    3,138 SF
    Contact us

    We can help!

    Listing Contact
    Michael Minard
    Michael Minard

    Listing Agency: JLL Listing Agent: Michael Minard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 3,138 square foot retail space is ideally situated at 1620 5th Avenue in Moline, Illinois, within Rock Island County. The property is a single-tenant building, offering complete flexibility for a new business or expansion. The entire 3,138 square feet is currently vacant, presenting a unique opportunity for immediate occupancy. The building's classification is commercial retail, making it suitable for a wide range of retail ventures. The property's address is 1620 5th Ave, Moline, IL 61265, offering convenient access for customers and employees. Its location in Moline provides access to a thriving local market and strong consumer base. This is a single-tenant space, eliminating the complexities of multi-tenant management. The property's size allows for a variety of layouts and configurations to suit specific business needs. The building is ready for immediate lease, allowing for a swift start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail location offers. The property is located at latitude 41.5066572 and longitude -90.5140796. This presents a rare opportunity to establish a strong retail presence in a desirable area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bozeman Neighbour Patton ... Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.5140796
    Latitude
    41.5066572

    Nearby Similar for Lease

    • Contact for pricing
      6,098 SF

      Moline Retail Space For Rent

      Retail space in mixed-use building with exposed brick and wood.
      1423 5Th Avenue Pl, Moline, IL 61265
      View Details
    • Contact for pricing

      Moline Retail or Office Space

      Retail or office space available for lease in Moline.
      1421 5Th Avenue Pl, Moline, IL 61265
      View Details
    • Contact for pricing

      Moline Retail Space Available

      Commercial space for rent in Moline, Illinois.
      1421 5Th Avenue Pl, Moline, IL 61265
      View Details
    • Contact for pricing

      Moline Medical Office Sublease Opportunity

      Sublease opportunity in a well-located medical office park.
      615 Valley View Dr, Moline, IL 61265
      View Details
    • $480,000

      Moline Multitenant Retail Property

      Multitenant retail property in Moline, Illinois, with two tenants.
      2340-2346 53Rd St, Moline, IL 61265
      View Details
    • $371,632

      Moline Dental Lab NNN Lease

      NNN leased dental lab in Moline, Illinois, great passive investment.
      3800 29Th St, Moline, IL 61265
      View Details
    • Contact for pricing

      Historic Moline Office Space Available

      Office suites for lease in renovated historic building.
      1701 River Dr, Moline, IL 61265
      View Details
    • $27 SF/Yr
      1,340 SF

      Moline Retail Space - High Visibility

      Prime Retail Space, 1340 sq ft, Immediate Occupancy
      4109 44Th Avenue Ct, Moline, IL 61265
      View Details
    • Contact for pricing
      27,078 SF

      Rock River Plaza Retail Space

      Moline, IL retail space; high-traffic location.
      3930 41St Avenue Dr, Moline, IL 61265
      View Details
    • Contact for pricing
      62,874 SF

      Moline Retail Space Available

      High-traffic retail space in Moline, IL.
      4401 16Th St, Moline, IL 61265
      View Details
    • $12 SF/Yr
      20,000 SF

      Prime Valley View Office Space

      10,000 SF Available, 2-Story Building
      555 Valley View Dr, Moline, IL 61265
      View Details

    FAQs

    What type of property is this?
    Retail property - 3,138 sq ft Retail Space - Available Now
    Where is this retail property located?
    The property is located at 1620 5Th Ave Moline, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 3,138 square foot retail space available in the historic Sears building in Moline, IL.; Immediate occupancy available.; Located in downtown Moline's business district.
    (563) 508-4649 Call to check price and availability
    Request Owner's contact information
    1620 5Th Ave Moline, IL 61265
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1620 5Th Ave
    Moline, IL 61265
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1620 5Th Ave Moline, IL 61265
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Minard
    Michael Minard
    Real Estate License ID: IA-S42639000
    (563) 508-4649 (515) 218-7010
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!