2943 18th Ave - Fast Food FOR SALE


Rock Island, IL 61201- Hilltop
$1,397,142 USD
646-989-2043
2943 18th Ave, Rock Island, IL for Sale
$1,397,142 USD
Fast Food - FOR SALE
1/3
null | 7% Cap Rate

2943 18th Ave
Rock Island, IL 61201
Hilltop


HIGHLIGHTS

  • Absolute NNN lease with ±8 years remaining and zero landlord responsibilities.
  • Priced at $1,397,142 with a 7.00% cap rate and $97,795 annual NOI.
  • ±2,100 SF building on a ±0.29-acre lot with drive-thru and 20 parking spaces.
  • Located in the Quad Cities, a major Midwest manufacturing and logistics hub.
  • 10% rent escalations every 5 years; next increase scheduled for April 2029.
  • Anchored by strong regional employers and a stable, affordable market.

OVERVIEW

Broker of Record Matthew M. Fitzgerald License # 478027547, 471021676 (IL) Matthews Real Estate Investment Services, Inc 600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,397,142 USD

PRICE/SF

$607 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dark KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

RI

APN/PARCEL ID

16-01-159-005

ASK ABOUT THIS PROPERTY

Trever GallinaMatthews Real Estate Investment ServicesMore Info
646-989-2043

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Trever GallinaMatthews Real Estate Investment ServicesMore Info
646-989-2043

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