Financial Summary
Asking Price | $3,148,148 |
Cap Rate | 6.75% |
Net Operating Income (NOI) | $212,500 |
Lease Type | NN |
Highlights
- Low rent/SF Walgreens with 7 years remaining
- Low price point for fee simple Walgreens
- Hard corner signalized intersection with 20,400K+ VPD
- Excellent ingress and egress onto busy 31st Avenue and 11th Street
- COVID-19 resistant tenant
- Located less than a mile from Trinity Hospital and Medical Center
Location
3100 11th Street
Rock Island, IL