This exceptional 1,600 square foot retail space, located at 4110 Blackhawk Road in Rock Island, Illinois, presents a compelling investment opportunity. Currently configured as a former Subway restaurant, the property boasts an open floor plan with two restrooms, offering significant flexibility for a variety of retail uses. The building is part of a multi-tenant shopping center, and benefits from a highly visible location with a large sign, ensuring maximum exposure to the high volume of traffic on Blackhawk Road. This location is situated in the highest traffic county within the city of Rock Island, boasting the highest vehicle per day (VPD) count in the area, guaranteeing substantial foot traffic and visibility for your business. The property is offered under a triple net (NNN) lease with a remaining term of three years and currently has 55% occupancy. The single-building shopping center offers a prime opportunity for an investor seeking a strong return in a high-demand location. The property's size and configuration make it ideal for a variety of retail businesses, and its prime location ensures high visibility and accessibility. This is a rare chance to acquire a well-positioned retail space in a thriving area of Rock Island. The zip code is 61201.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,087,105
Hospitality
$995,782
Educational
$828,479
Medical
$856,972
Retail
$1,288,745
Location Insight
City
Rock Island
County
Rock Island
State
Illinois
Latitude
41.4676
Longitude
-90.5434
CBSA code
19340
CBSA name
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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