Verizon Wireless

Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to Verizon Wireless, (the “Property”) in Moline, Illinois — the largest city located in Rock Island County and a key commercial hub in the Quad Cities region. This property is also being offered along with five other single-tenant properties offering a strong mix of nationally recognized tenants, including Arby's, Firestone, OfficeMax, Olive Garden, and R.I.A Federal Credit Union, offering investors immediate in-place cash flow backed by established brands. Strategically located along two major commercial corridors, John Deere Road and 16th Street, the properties boast combined traffic exposure exceeding 59,700 vehicles per day (VPD) and are less than one mile from Interstate 74 (51,600 VPD) and Interstate 280 (20,800 VPD). The tenants at this location demonstrate exceptional performance, with Verizon ranking in the 84th percentile in Illinois and 82nd percentile nationally, and Firestone ranking in the 81st percentile statewide, indicating strong foot traffic and customer loyalty. The property also benefits from its proximity to Rock River Plaza, a major retail destination anchored by top-performing Lowe’s and Walmart Supercenter locations, which rank in the 94th and 93rd percentiles statewide, respectively (Placer.ai). Rock River Plaza itself ranks in the 97th percentile among Illinois community shopping centers and in the 96th percentile nationally, underscoring the strength and draw of the surrounding retail corridor.

Many of the tenants have an established operating history at this location creating deep roots in the Moline community. Arby’s has operated at this location for over 40 years, Firestone for more than 35 years, OfficeMax for 30 years, and Verizon for over 20 years. Their long-term presence as outparcels to the SouthPark Mall reinforces the site’s strength as a proven retail destination and speaks to the enduring consumer demand and location viability. With a dense population of over 115,000 residents and 51,000 households within a 5-mile radius, this offering presents a compelling opportunity to acquire a well-diversified, nationally tenanted portfolio in a high-traffic, performance-proven location.