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600 John Deere Rd
Moline, IL 61265
7th St & John Deere Rd - New Starbucks · Retail Property For Sale
PROPERTY FACTS
ABOUT 600 JOHN DEERE RD , MOLINE, IL 61265
SVN is pleased to propose the sale of a new construction Starbucks property located on 7th Street and John Deere Road in Moline, IL. This new construction Starbucks is an out parcel to Unity Pointe Health Systems Medical Center. Starbucks signed a 10 year NNN lease estimated to commence October 2018. The Starbucks lease features ten percent rental increases every five years and has four 5-year renewal option periods with 10% rental escalations in each. The lease does NOT have a tenant kickout right unlike many of the new leases Starbucks is signing. This new construction Starbucks is strategically located along 7th Street and John Deere Road which is a primary access point off I-88 expressway. As an out parcel to Unity Pointe Health Systems Medical Center located and positioned on the SW corner, this Starbucks has exceptional visibility to over 25,000 VPD and will receive strong complimentary traffic from both the Medical Center and the Hy-Vee anchored shopping center in the adjacent corner. Additional retailers located in the immediate trade area include Hy-Vee, Kohl's, Target, Hobby Lobby, PetSmart, Mattress Firm and more.
