2350 4th Ave, Rock Island, IL 61201

The Ficke Team of Colliers has been retained to exclusively market for sale the Social Security Administration (SSA) located at 2350 4th Ave., Rock Island, IL 61021.

This single-tenant facility, built-to-suit in 2001, consists of 9,260 rentable square feet. The site includes 0.47 acres and is an extremely busy facility. The GSA/SSA executed a 10-year, 5-year firm term renewal effective May 24, 2022, with the firm term expiring May 24, 2027, and full term expiring 5/24/2032, illustrating their commitment to the location. There were no tenant improvement requirements for this well-maintained building. Serving all of Rock County Illinois, the next closest SSA to Rock Island Illinois is 38 miles in Galesburg Illinois. This lease provides investors with a stable cash flow from this long-term U.S. Government tenant (AA+ S&P credit rating).

Rock Island is part of the Quad Cities area, which consists of Rock Island, Moline, and East Moline in Illinois, and Davenport and Bettendorf on the Iowa side of the river. The Quad Cities area combined population is close to 400,000. The area has major, private sector employers ranging from global manufacturing giants to food suppliers, from aerospace to defense. The Quad Cities comprises several close municipalities in eastern Iowa and western Illinois. It is easily accessible by rail, barge, and air and sits at the junction of Interstates 74, 80, and 88. This mid-sized metropolitan area is large enough for a great transportation infrastructure, cultural attractions, and high quality of life, yet small enough for ease of travel, low cost of living, and low crime rate.