3624 Ave Of The Cities Ave Moline, IL 61265
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.