415 31st Avenue, Rock Island, IL

Colliers is pleased to exclusively represent the opportunity to acquire a single tenant industrial investment located at 415 31st Avenue in Rock Island, Illinois. The 20,800 SF crane-served manufacturing facility is leased to Simmers Crane Design & Services, a Flatiron Crane Company, through October 2028 and features a scheduled 4% contractual rent increase effective November 1, 2026. With current in-place net rents estimated to be approximately 40% below today’s market, the offering provides investors with immediate cash flow and compelling mark-to-market upside. Significant recent capital improvements including a new roof, parking lot improvements, HVAC and dock repairs, provide investors with stable in-place cash flow and minimal anticipated near-term capital expenditures.

Available