312-458-4392
1600 38th St, Rock Island, IL for Sale
Fast Food - FOR SALE
1/1
null | Request Cap Rate

Jul '26


1600 38th St
Rock Island, IL 61201
Hilltop


HIGHLIGHTS

  • Freestanding 1,544 SF building on a 0.41-acre parcel with existing drive-thru infrastructure.
  • Located near Augustana College, providing a steady flow of student and local traffic.
  • Monument signage and canopy in place for immediate branding opportunities.
  • Strong surrounding demographics with over 163,000 residents and 72,000 employees within five miles.
  • Zoned B-3, allowing for a wide range of retail and service uses.
  • Positioned on a high-visibility corner lot with excellent site functionality.

OVERVIEW

This property offers a rare opportunity to acquire a freestanding retail building with an existing drive-thru, ideally suited for quick-service restaurant or coffee concepts. Positioned on a 0.41-acre parcel, the site provides excellent visibility and accessibility from a high-traffic corridor near Augustana College. The building includes existing drive-thru lanes, canopy, and monument signage, reducing upfront costs for conversion and accelerating time to market for new operators. The surrounding area features strong demographics, with a population of over 163,000 and an average household income exceeding $85,000 within a five-mile radius. The property benefits from proximity to major roadways and a dense employment base of more than 72,000 workers, ensuring consistent customer traffic throughout the day. This asset is well-suited for owner-users or investors seeking a property with built-in functionality and long-term adaptability. Its B-3 zoning supports a variety of retail and service uses, making it a flexible option in a growing market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Drive-Thru Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

B-3

APN/PARCEL ID

16-01-230-012

ASK ABOUT THIS PROPERTY

Brenton SchraderCitadel Property AdvisorsMore Info
312-458-4392

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Brenton SchraderCitadel Property AdvisorsMore Info
312-458-4392

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.