Village Inn 1919 N Harrison St 5,439 SF Retail Building Davenport, IA 52803 $1,250,000 ($229.82/SF) 7.20% Cap Rate

Positioned along Harrison Street, a key arterial route in Davenport, Iowa, the Village Inn at 1919 Harrison Street presents a compelling net-leased investment opportunity. This corporate-backed location sits adjacent to St. Ambrose University, benefiting from consistent foot traffic and strong visibility in a vibrant mixed-use corridor. The tenant has recently exercised a renewal option, extending the lease through October 2030, which underscores their long-term commitment to the site.
The property spans 5,439 square feet on a 0.76-acre parcel and is offered at $1,250,000, delivering a 7.2% cap rate and $90,000 in annual net operating income. With an absolute net lease in place, investors can expect minimal landlord responsibilities and stable cash flow. The surrounding area includes national retailers such as ALDI, Dollar Tree, and KFC, as well as educational institutions like Madison Elementary and St. Ambrose University, reinforcing the location’s appeal for both daytime and weekend traffic.
Demographic data within a one-mile radius reveals a population of nearly 18,000 with an average household income of $74,778, supporting strong retail performance. The property’s proximity to major thoroughfares like BUS 61 and its integration into a dense urban fabric make it a strategic addition to any retail investment portfolio.