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    3624 Ave Of The Cities Ave Moline, IL 61265

    For Lease
    $9 SF/Yr

    16,812 SF Retail/Office Space, Prime Location

    Lot size:
    16,812 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial property, located at 3624 Avenue of the Cities in Moline, Illinois (zip code 61265), offers 16,812 square feet of versatile space ideal for retail or office use. Situated within the bustling King Plaza Shopping Mall, this single-tenant building (APN 17-03-312-001) benefits from high visibility and foot traffic due to its location off the heavily traveled Avenue of the Cities. The property boasts a large parking lot, prominent building signage, convenient front and rear access, and is within walking distance of numerous residential and commercial establishments. The interior features a spacious open area, previously used as a gym, complete with locker rooms and an IT room, along with several smaller, individual rooms, formerly used for tanning. The building dimensions are approximately 107 feet by 137 feet, with 15-foot ceilings and a 13-foot clear height. This B-3 zoned property enjoys a strong neighboring tenant mix, including Subway, Starbucks, Walgreens, Dollar General, CVS Pharmacy, and Jimmy John's, all within easy walking distance. Convenient public transportation is also readily available. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving retail environment.

    Property Features for 3624 Ave Of The Cities Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,812 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    16,812 SF
    Rate per SF
    $9

    HighLights

    • 16,812 SF single‑tenant building in King Plaza Shopping Mall, Moline, IL (61265).
    • High visibility location on Avenue of the Cities with ample parking.
    • Versatile space, previously used as a gym and tanning salon, including locker rooms and an IT room.
    • 107' x 137' building with 15‑foot ceilings and 13‑foot clear height; B‑3 zoning.
    • Strong neighboring tenants including Subway, Starbucks, Walgreens, Dollar General, CVS, and Jimmy John's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moline
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.4831227
    Latitude
    41.4894869

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    FAQs

    What type of property is this?
    Retail property - 16,812 SF Retail/Office Space, Prime Location
    Where is this retail property located?
    The property is located at 3624 Ave Of The Cities Ave Moline, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 16,812 SF single-tenant building in King Plaza Shopping Mall, Moline, IL (61265).; High visibility location on Avenue of the Cities with ample parking.; Versatile space, previously used as a gym and tanning salon, including locker rooms and an IT room.
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    3624 Ave Of The Cities Ave Moline, IL 61265
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    Moline, IL 61265
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    Realmo Value Estimation

    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.

    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.

    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
    3624 Ave Of The Cities Ave Moline, IL 61265
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