Listed by The Hawkeye Group
$1,200,000
4950 38th Avenue
Details
APN 17-14-102-002
Property Type Office
Sub Type Traditional Office
Square Footage 10,800
Occupancy 100%
Tenancy Single
Lease Type NNN
Class B
Buildings 1
Stories 2
Lot Size (SqFt) 43,560
Zoning C
Ownership 4950 VL LLC
Sale Condition For sale by owner
Office | 10,800 SqFt
Marketing description
FULLY LEASED INVESTMENT OPPORTUNITY. This 10,800 SF professional office building is well located off John Deere Road and 38th Avenue in Moline. The building is fully leased to a single tenant (Law Firm), whose lease runs through October 2031. Tenant is paying $99,000/year in base rent + $$$ in monthly OEPX. The building was constructed in 1997 and sits on 1.00 acre. It features a large attached parking lot which can park approx. 60+ vehicles, as well as a large, well lit monument sign that faces John Deere Road for premier visibilty. This building has been well maintained over the years and would make a great investment.
Listing Contacts
Listed by The Hawkeye Group
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