5320 22Nd Avenue Ct Moline, IL 61265
- Office Properties & Spaces
Current Use by Public Records
- Office Properties & Spaces
Property Details for 5320 22Nd Avenue Ct
- Property type
- Office Properties & Spaces
- Property subtype
- Land
Description
This exceptional investment opportunity presents a 20,000-square-foot Class-A office building situated on a three-acre lot in Moline, Illinois. The property, located at 5320 22nd Avenue, boasts a prime location off the highly trafficked Avenue of the Cities, surrounded by a vibrant mix of retail and residential establishments. Convenient public transportation access further enhances its appeal. Currently, 10,000 square feet are leased to Avadyne, a long-term tenant with a recently signed renewal, demonstrating strong commitment to the space. This leaves 10,000 square feet of Class-A vacant space, ideal for a variety of tenants including medical practices (physical therapy, dental, general healthcare), IT firms, call centers, or general office users. The building, constructed in 2016, features ample parking and prominent building signage visible from Avenue of the Cities. The property is zoned B-3 and offers a compelling investment opportunity due to the existing lease and the potential for additional income from the vacant space. The asking price for this exceptional property is $3,950,000. This is a rare chance to acquire a high-quality, well-located commercial building in a thriving market. The property's strategic location and modern design make it an attractive option for both investors and tenants.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.4636
- Latitude
- 41.4904
