4401 27th Street Listing Details & Market Data

4401 27th Street, Moline, IL 61265

  • For Sale $4,500,000
  • Property Type Retail - Street Retail
  • Property Size 54,670 SF
  • Units 2
  • Lot Size 3.67 Acre
  • Parking Spaces Avail. 157
  • Property Tenancy Multi-Tenant
  • Year Built 1974
  • Year Renovated 2023
  • Date Updated Feb 19, 2024
4401 27th Street, Moline, IL 61625 is located on a north outlot of SouthPark Mall on John Deere Road, which features an average of 30,000 vehicles per day. The Property gains synergistic retail consumers from national retailers Target, Kohl’s, and Hobby Lobby to the east, while benefiting from close proximity (0.2 miles) to the I-74 interchange to the west. The Property features the dense residential population of the “Quad Cities” to the north, along with proximity to the area’s International Airport, just south below the Rock River.This is an incredible investment opportunity with 100% occupancy from national tenants Harbor Freight and Ollie's Bargain Outlet.

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Highlights

  • Close proximity to the interstate and SouthPark Mall.
  • Minimal capital expenditures, with a roof warranty through 2037.
  • Long term leases, with a WALT of 8.5 years.
  • Average in-place rent of $6.75 provides an attractive basis well below replacement cost with downside protection.
  • Located in the retail corridor with surrounding national tenants such as Wal-Mart, Target, Lowe's, Menards, Hobby Lobby, Kohl's, Petsmart and Ross.

Contacts

broker

Holt Moore

Holt Moore - KW - Atlanta/Decatur

(404) 642-3747

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (55)
  • Transit Score ®

    Some Transit (31)
  • Bike Score ®

    Bikeable (52)
Powered by Walk Score ®
  • City Moline, IL
  • Neighborhood Villa Park
  • Zip Code 61265

Points of Interest

  • BP

    0.36 miles

  • Shell

    1.05 miles

  • BP

    1.42 miles

  • 7-Eleven

    1.53 miles

  • Shell

    1.57 miles

  • Moline Food Gas and Liquor

    1.62 miles

  • Gas Land

    1.66 miles

  • Hy-Vee Gas

    1.94 miles

  • Phillips 66

    2.23 miles

  • Jewel Express

    2.32 miles

  • Long Term Parking

    1.04 miles

  • Short Term Parking

    1.12 miles

  • Cell Phone Lot

    1.16 miles

  • Rental Cars

    1.19 miles

  • Parking Lot 3

    2.66 miles

  • Parking Lot 2

    2.67 miles

  • Parking Lot 4

    2.92 miles

  • University Drive West Lot

    3.00 miles

  • Parking Lot 1

    3.03 miles

  • University Drive East Lot

    3.03 miles

  • Qdoba

    0.12 miles

  • Habanero's

    0.14 miles

  • Buffalo Wild Wings

    0.14 miles

  • A&W / Long John Silvers

    0.18 miles

  • Long John Silver's

    0.18 miles

  • A&W

    0.18 miles

  • KFC

    0.20 miles

  • Chick-fil-A

    0.21 miles

  • Arby's

    0.24 miles

  • Taco Bell

    0.31 miles

  • Gordmans

    0.01 miles

  • SouthPark Mall

    0.09 miles

  • Dillard's

    0.11 miles

  • JCPenney

    0.24 miles

  • Von Maur

    0.32 miles

  • Target

    1.13 miles

  • Kohl's

    1.17 miles

  • Walmart Supercenter

    1.20 miles

  • Hy-Vee

    1.25 miles

  • Hy-Vee

    1.85 miles

Contact Listing Broker

broker

Holt Moore

Holt Moore - KW - Atlanta/Decatur

(404) 642-3747