1600 10Th Street Pl East Moline, IL 61244
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.