612 35th Ave, Moline, IL 61265
Medical Office Space
- Added:
- Oct 18, 2024
- Days on Market:
- 627
- Last Refresh:
- May 12 at 10:05 pm
Property Features for 612 35th Ave
General Information
- Standard status
- Active
- Size
- 4,505 SF
- Property subtype
- Office
Listing office The Hawkeye Group (563) 355-4000
Listing date Oct 18, 2024
Source Crexi
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 The Hawkeye Group
HighLights
- Fully finished lower level offers additional space.
- Welcoming reception area.
- Comfortable waiting area for clients or guests.
- Two exam rooms ready for immediate use.
- Counseling rooms provide private space.
- Includes a dedicated lab.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.0k | $22.20 |
| − Vacancy | −$10.5k | −$2.33 |
| EGI | $89.5k | $19.87 |
| − OpEx | −$35.8k | −$7.95 |
| NOI | $53.7k | $11.92 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Oak Knoll Animal Hospital — 3113 41st St, Moline, IL 61265
Location Insight
- Map
- Local Demand
- City
- Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.529013
- Latitude
- 41.474537
