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Property profile & analytics
OFF-MARKET
Land

1600 10Th Street Pl East Moline, IL 61244

Built 1973
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 7,287 sq ft commercial lot in East Moline, IL, featuring a 1,680 sq ft single-tenant building constructed in 1973. The property boasts a highly desirable absolute NNN lease with a recently signed five-year extension, ensuring consistent income. The solid brick building offers an open concept layout, two restrooms, and ample on-site parking. Its strategic location on 10th Street, between 16th and 18th Street (IL-92), benefits from approximately 12,200 vehicles per day, providing excellent visibility and accessibility. The B-3 zoning allows for a variety of commercial uses. The asking price is $189,000. This property represents a stable and lucrative investment opportunity with a long-term tenant and minimal landlord responsibilities due to the NNN lease structure. The high traffic count and prominent location make this an ideal investment for those seeking a low-maintenance, high-return asset. The property's solid construction and established tenant history further enhance its appeal. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area.

Property profile
Verified
Property type Land
Year built 1973
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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