4555 16th St - Freestanding FOR SALE


Moline, IL 61265- Prospect Park
$2,800,000 USD
714-400-6267
4555 16th St, Moline, IL for Sale
$2,800,000 USD
Freestanding - FOR SALE
1/5
null | 5.04% Cap Rate

4555 16th St
Moline, IL 61265
Prospect Park


HIGHLIGHTS

  • Tractor Supply Company - Rare Absolute NNN Lease Structure - 100% leased with zero landlord responsibilities, providing truly passive ownership
  • 9 Years of Firm Lease Term Remaining - Long-term, stable income with no near-term rollover risk
  • S&P 500 Component (NASDAQ: TSCO) - $23.5 Billion Market Cap, 50,000+ Employees, Expanding Company
  • Below-Market Rent - Only Tractor Supply in 47 miles - Low in-place rent supports renewal probability and long-term rent growth potential
  • Proximity to Quad Cities International Airport - Located within a multi-state (Illinois, Iowa) metro anchored by John Deere (NYSE: DC) Global HQ
  • Prime Infill Retail Location - Former Toys "R" Us / Big Lots - Located within a dominant retail corridor rather than a typical tertiary TSC site

OVERVIEW

Exclusively Listed in association with Bang Realty-Illinois, Inc. | License No. 471020548 We are pleased to present the opportunity to acquire a single-tenant, fee-simple Tractor Supply in Moline, Illinois, 100% leased on an absolute triple-net (NNN) basis to Tractor Supply Company (NASDAQ: TSCO). The lease provides approximately nine years of firm term remaining and offers truly passive ownership with zero landlord responsibilities, including roof, structure, and capital expenditures. This offering is differentiated by its rare absolute NNN lease structure for Tractor Supply, a format seldom available within the tenant's portfolio. The property is leased at a below-market rent, supporting tenant retention while providing long-term mark-to-market upside and residual value. The asset is strategically located at 4555 16th Street within the dominant SouthPark Mall retail corridor, one of the Quad Cities' primary commercial nodes, adjacent to Quad Cities International Airport. Unlike typical Tractor Supply locations in tertiary or edge-of-market settings, this site occupies a prime infill position within an established big-box retail cluster. The property is a former Toys "R" Us / Big Lots, reinforcing long-term viability for national large-format users. Situated on a 4.04-acre parcel, the property benefits from strong access, visibility, and functionality, with approximately 38,300 VPD at the 16th Street / John Deere Road (IL State Route 5) intersection and immediate proximity to Interstate 74 (39,500 VPD). The surrounding trade area is anchored by SouthPark Mall and national destination retailers including Target, Dillard's, Von Maur, Kohl's, Petco, Petsmart, Planet Fitness, Ollie's, and Dick's Sporting Goods. Moline is part of the Quad Cities MSA, a diversified regional economy anchored by manufacturing, logistics, healthcare, and John Deere (NYSE: DC) global headquarters, supporting durable long-term retail demand. This offering represents a rare opportunity to acquire an absolute NNN Tractor Supply asset combining passive cash flow, below-market rent, and high-quality infill real estate within a proven Midwest retail corridor.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

5.04%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply Co | Absolute NNN Corp Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Garden Center, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.04 AC

LAND SF

175,982 SF

ZONING

-

APN/PARCEL ID

17-16-102-003

ASK ABOUT THIS PROPERTY

Spencer O'DonnellCharter Realty CompanyMore Info
714-400-6267

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Spencer O'DonnellCharter Realty CompanyMore Info
714-400-6267

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