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1612-1636 38th St
Rock Island, IL 61201
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Unique 5-in-1 service-oriented asset featuring fuel, auto service, car wash, laundry, and food service
- Strategically positioned along 38th Street, a primary north-south arterial corridor
- Proximity to Augustana College and major employers, including the Rock Island Arsenal
- Anchored by a 7-Eleven gas and convenience store New 10-year lease for 7-Eleven
- Excellent accessibility near Blackhawk Road with 23,300 vehicles per day
- Deep regional draw within the Quad Cities MSA encompassing over 381,000 residents
Résumé de l'annonce
This is a rare chance to purchase a multi-tenant retail and auto-service property in Rock Island, anchored by a 7-Eleven gas and convenience store with a lease in place through November 2035. The property has a strong mix of tenants including fuel and convenience, a built-to-suit car wash, a multi-bay oil change shop, a laundromat, and a restaurant space. The long-term 7-Eleven lease provides steady income, with additional 7-Eleven-operated space secured through November 2030 for added stability.
Located along 38th Street, one of the city’s main north-south corridors, the property sees strong visibility and easy access to surrounding neighborhoods and retail centers. Positioned just north of the 18th Avenue intersection, it offers convenient entry from multiple directions. Being part of the Quad Cities MSA gives it a built-in customer base and an edge over single-use convenience properties, supporting consistent daily traffic.
The immediate area includes national retailers such as Advance Auto Parts, Hy-Vee, Domino’s Pizza, and Jimmy John’s. Augustana College and the Rock Island Arsenal are also nearby, helping drive daily traffic. The property serves roughly 86,000 residents within a three-mile radius and is part of a broader metro population of more than 381,000, supporting long-term demand.
Located along 38th Street, one of the city’s main north-south corridors, the property sees strong visibility and easy access to surrounding neighborhoods and retail centers. Positioned just north of the 18th Avenue intersection, it offers convenient entry from multiple directions. Being part of the Quad Cities MSA gives it a built-in customer base and an edge over single-use convenience properties, supporting consistent daily traffic.
The immediate area includes national retailers such as Advance Auto Parts, Hy-Vee, Domino’s Pizza, and Jimmy John’s. Augustana College and the Rock Island Arsenal are also nearby, helping drive daily traffic. The property serves roughly 86,000 residents within a three-mile radius and is part of a broader metro population of more than 381,000, supporting long-term demand.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
6 000 pi²
Classe d’immeuble
C
Année de construction
1986
Prix
3 333 127 $ CAD
Prix par pi²
555,52 $ CAD
Taux de capitalisation
6,75%
Revenu net d’exploitation
224 986 $ CAD
Pourcentage loué
100%
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,19
Taille du lot
0,74 AC
Zonage
RI
Impôts fonciers
| Numéro de lot | 16-01-230-013 | Évaluation des bâtiments | 335 588 $ CAD |
| Évaluation du terrain | 92 456 $ CAD | Évaluation totale | 428 044 $ CAD |
Impôts fonciers
Numéro de lot
16-01-230-013
Évaluation du terrain
92 456 $ CAD
Évaluation des bâtiments
335 588 $ CAD
Évaluation totale
428 044 $ CAD
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