3100 11th St - Supermarket FOR SALE


Rock Island, IL 61201- Rock Riverfront
$2,239,731 USD
914-552-1488
3100 11th St, Rock Island, IL for Sale
$2,239,731 USD
Supermarket - FOR SALE
1/5
null | 7.45% Cap Rate

3100 11th St
Rock Island, IL 61201
Rock Riverfront


HIGHLIGHTS

  • Dollar Tree Corporate-Guaranteed 10-year NN lease with minimal landlord responsibilities
  • Lease features $0.50 PSF rental escalations every 5-years throughout the 10-year Base Term and three (3) five-year renewal Option Periods
  • Stand-alone Store situated on the ‘going-to-work’ side of the road (right-hand side) at signalized intersection with access points for both streets
  • Located within the Quad Cities MSA, serving a broad regional consumer base across Illinois and Iowa
  • Positioned along 11th Street, a primary local retail corridor with convenient access to IL-5 and IL-92
  • Infill neighborhood location supporting consistent traffic and recurring demand for value-oriented retail

OVERVIEW

CBRE is pleased to present an exclusive listing for the Dollar Tree located at 3100 11th Street in Rock Island, Illinois. The site consists of 13,905± total square feet of building space and sits on 1.53± acres of land. The subject property benefits from being located at a strong signalized intersection in an established residential trade area — surrounded by schools, healthcare facilities, and community amenities, generating dependable year-round customer demand. Nearby national retailers include: McDonald’s, O’Reilly Auto Parts, Dollar General, Conoco, and Shell. Dollar Tree executed a 10-year lease for the subject property in 2023. Dollar Tree is an investment-grade rated tenant with an S&P rating of ‘BBB’. The lease features $0.50 psf rental escalations every five years throughout the initial 10-year base term and in the three (3) five-year renewal option periods; allowing for the possibility to extend the total lease term to 25 years.

FOR SALE DETAILS

PRICE

$2,239,731 USD

PRICE/SF

$164 USD /SF

CAP RATE

7.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree - Rock Island, IL | Quad Cities

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

RI

APN/PARCEL ID

16-11-301-056

ASK ABOUT THIS PROPERTY

914-552-1488

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914-552-1488

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