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608 35th Ave 8 400 pi² Bureau Immeuble Moline, IL 61265 410 619 $ CAD (48,88 $ CAD/pi²) 7,73% Taux de capitalisation
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Résumé de l'annonce
CASH-FLOWING MULTI-SUITE COMMERCIAL PROPERTY
608 35th Avenue | Moline, IL 61265
8,400 SF | $300,000 | Immediate Income
This Building Pays For Itself — On Day One.
An existing tenant generates $2,070/month, covering 112% of the current mortgage with two years remaining on the lease. You're not buying potential. You're buying a performing asset in one of Moline's most strategic locations — medical/office/retail ready, already occupied, already working.
The Numbers:
$2,070/month existing rental income — 112% mortgage coverage
2-year lease remaining — secured, predictable runway
8,400 SF total — vast majority available to lease at market rate
35 parking spaces
Asking $300,000 (orig $450,000)
Medical/Office/Retail Ready — Bring Your Vision:
This building is zoned, configured, and infrastructure-supported for medical, professional office, or retail use. Multiple private rooms, dedicated corridors, reception area with pass-through window, ADA-compliant restrooms, passenger elevator, and partial 2024 renovation already completed. The bones are exceptional — finish it to your exact specifications at a price that leaves room in the budget to do it right.
Ideal for:
IV therapy, aesthetics, or integrative health practices
Professional office suites
Boutique retail or wellness brands
Multi-tenant investment buildout
The Location:
Adjacent to Wildwood Corporate Park
Borders a high-income residential neighborhood
129,151 population within 5 miles
22,100 vehicles per day on John Deere Road corridor
Under 0.25 miles from major retail — Target, Kohl's, Starbucks and more
5 minutes to two interstates
Near UnityPoint Health and multiple medical offices
Who This Is For:
Investors seeking immediate cash flow with significant lease-up upside
Medical or wellness operators who want a ready-to-configure clinical space without starting from scratch
Owner-operators looking to occupy one suite and lease the other
Buyers who want to finish a partially renovated building their way — at a price that makes it pencil
Asking Price: $300,000
Contact for showing and full financials.
608 35th Avenue | Moline, IL 61265
8,400 SF | $300,000 | Immediate Income
This Building Pays For Itself — On Day One.
An existing tenant generates $2,070/month, covering 112% of the current mortgage with two years remaining on the lease. You're not buying potential. You're buying a performing asset in one of Moline's most strategic locations — medical/office/retail ready, already occupied, already working.
The Numbers:
$2,070/month existing rental income — 112% mortgage coverage
2-year lease remaining — secured, predictable runway
8,400 SF total — vast majority available to lease at market rate
35 parking spaces
Asking $300,000 (orig $450,000)
Medical/Office/Retail Ready — Bring Your Vision:
This building is zoned, configured, and infrastructure-supported for medical, professional office, or retail use. Multiple private rooms, dedicated corridors, reception area with pass-through window, ADA-compliant restrooms, passenger elevator, and partial 2024 renovation already completed. The bones are exceptional — finish it to your exact specifications at a price that leaves room in the budget to do it right.
Ideal for:
IV therapy, aesthetics, or integrative health practices
Professional office suites
Boutique retail or wellness brands
Multi-tenant investment buildout
The Location:
Adjacent to Wildwood Corporate Park
Borders a high-income residential neighborhood
129,151 population within 5 miles
22,100 vehicles per day on John Deere Road corridor
Under 0.25 miles from major retail — Target, Kohl's, Starbucks and more
5 minutes to two interstates
Near UnityPoint Health and multiple medical offices
Who This Is For:
Investors seeking immediate cash flow with significant lease-up upside
Medical or wellness operators who want a ready-to-configure clinical space without starting from scratch
Owner-operators looking to occupy one suite and lease the other
Buyers who want to finish a partially renovated building their way — at a price that makes it pencil
Asking Price: $300,000
Contact for showing and full financials.
Bilan financier (Pro forma - 2026) |
Annuel (CAD) | Annuel par pi² (CAD) |
|---|---|---|
| Revenu de location brut |
33 983 $
|
4,05 $
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
33 983 $
|
4,05 $
|
| Taxes |
-
|
-
|
| Dépenses d’exploitation |
-
|
-
|
| Total des dépenses |
20 597 $
|
2,45 $
|
| Revenu net d’exploitation |
13 386 $
|
1,59 $
|
Bilan financier (Pro forma - 2026)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 33 983 $ |
| Annuel par pi² | 4,05 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 33 983 $ |
| Annuel par pi² | 4,05 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 20 597 $ |
| Annuel par pi² | 2,45 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 13 386 $ |
| Annuel par pi² | 1,59 $ |
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
8 400 pi²
Classe d’immeuble
C
Année de construction
1985
Prix
410 619 $ CAD
Prix par pi²
48,88 $ CAD
Taux de capitalisation
7,73%
Revenu net d’exploitation
31 741 $ CAD
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
4 200 pi²
Coefficient d’occupation des sols de l’immeuble
0,46
Taille du lot
0,42 AC
Zonage
C - Commerciale
Stationnement
20 places (2,38 places par 1 000 pi² loué)
Commodités
- Accès 24 heures
- Bio-tech/Laboratoire
- Gestionnaire d'immeuble sur place
- Système de sécurité
- Puits de lumière
- Accessible aux fauteuils roulants
- Espace d'entreposage
- Climatisation
- Internet par fibre optique
- Détecteur de fumée
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Prompt Care
- Soins de santé et assistance sociale
- 800 pi²
- 3,53 $ CAD
- Bail industriel brut
- Avr. 2028
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Prompt Care | Soins de santé et assistance sociale | 800 pi² | 3,53 $ CAD | Bail industriel brut | Avr. 2028 |
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Impôts fonciers
| Numéro de lot | 17-07-418-006 | Évaluation des bâtiments | 70 078 $ CAD (2024) |
| Évaluation du terrain | 29 007 $ CAD (2024) | Évaluation totale | 99 085 $ CAD (2024) |
Impôts fonciers
Numéro de lot
17-07-418-006
Évaluation du terrain
29 007 $ CAD (2024)
Évaluation des bâtiments
70 078 $ CAD (2024)
Évaluation totale
99 085 $ CAD (2024)
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