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DG Market 13932 110th Ave 12,704 SF Retail Building Davenport, IA 52804 $2,576,494 ($202.81/SF) 6.35% Cap Rate
Investment Highlights
- Just off the Interstate 280 interchange (24,000 VPD)
- Long-term lease - 13+ years remain
- 189,000+ people live within a 10-mile radius
- Positioned within the Davenport MSA
- 5% rental escalations every five years
- Average household income exceeds $116,000 within 3 miles
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
12,704 SF
Building Class
C
Year Built
2024
Price
$2,576,494
Price Per SF
$202.81
Cap Rate
6.35%
NOI
$163,607
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.00 AC
Zoning
C-1 - Commercial
Frontage
76’ on County Road Y48
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Aug 2039
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Aug 2039 |
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DG Market | 13932 110th Ave
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