4402 16Th StMoline, IL 61265

  • Commercial real estate
  • 14,550 SF
For Lease
$15/SF/YR View listing

Property Details for 4402 16Th St

Year built
2009
Construction
FRAME
Lot size
1.74 AC
Property size (Sq ft)
14,550 SF
Zone code
MOL
Property type
Commercial real estate
APN
17-16-108-001
APU
1716108001

Description

This exceptional retail space, located at 4402 16th Street in Moline, Illinois, presents a unique sublease opportunity. Currently occupied by QDOBA Mexican Grill, this 2,240 square foot endcap unit is situated within the Shoppes at SouthPark, offering excellent visibility and foot traffic. The property boasts a desirable location within walking distance of SouthPark Mall, ensuring high exposure to potential customers. The space includes an inviting open dining area, a fully equipped open kitchen featuring a hood system, a walk-in cooler, commercial dishwasher, and ample sinks. Additional amenities include two bathrooms, a small office, and a convenient storage area. A 600 square foot patio further enhances the property's appeal. The building sits on a 75,794 square foot lot and is part of a larger 14,507 square foot building. The property benefits from its strategic location on John Deere Road, a high-traffic thoroughfare with a daily vehicle count of 35,500. This vibrant retail corridor offers a diverse range of dining and retail options, creating a strong and supportive commercial environment. The lease terms are $25.00 per square foot, NNN, through June 30, 2025, and $27.50 per square foot, NNN, from July 1, 2025, through June 30, 2030. The property is zoned C and is located in Rock Island County, zip code 61265. A total of 2,420 square feet is currently available for sublease. This is a single-tenant, single-story building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,007,105
    Hospitality
    $2,754,492
    Educational
    $2,291,705
    Medical
    $2,370,520
    Retail
    $3,564,875

Location Insight

City
Moline
County
Rock Island
State
Illinois
Latitude
41.4703
Longitude
-90.5054
CBSA code
19340
CBSA name
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$71,818
$294,816
$505,260
$800,076
-
$884,448
$1,515,780
$2,400,228

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