- For Sale $4,000,000
- Property Type Retail
- Property Size 14,392 SF
- Lot Size 1.69 Acre
- Date Updated May 14, 2026
Description
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located within the Quad Cities
MSA in Moline, Illinois. Walgreens has successfully operated at this location since 2002 and extended the lease with a long-term extension
demonstrating their commitment to the property. The lease is absolute triple net featuring no landlord responsibilities. The lease runs
through February 2034 leaving over 8 years of term remaining. Additionally, there are seven 5-year renewal options. Walgreens is the second
largest pharmacy store chain in the United States with a Fortune 500 ranking of 28 for total revenue.
The 14,392-square-foot building is strategically located at a signalized intersection along 19th Avenue and 7th Street which experience a
combined 23,700 vehicles per day. The property benefits from its proximity to Interstate 74 (78,100 vehicles per day), providing direct access
to Peoria and surrounding areas. The property is situated in a densely populated area, more than 166,000 residents live within a five-mile
radius, with an average household income exceeding $81,000. The location also enjoys strong visibility and traffic flow, bolstered by nearby
national and regional retailers including Jewel-Osco, Salvation Army, Starbucks, O’Reilly Auto Parts, Shell, UnityPoint Health, and others.
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Contacts
The Boulder Group
The Boulder Group