455 E 53rd St | Davenport, IA 52807
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- LoopNet Team
455 E 53rd St
Davenport, IA 52807
Jiffy Lube Portfolio · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Available individually or as a portfolio
- Recent move - in from Jiffy Lube Corporate and long-term 15 year lease
- Corporate Guarantee - Lease is backed by Jiffy Lube International, a subsidiary of Shell. JLI is the leader in the Quick Lube industry with over 2,000
- Listed for a total of $6,952,381 yielding a 5.25% cap rate
- Absolute triple - net lease (NNN) - zero landlord responsibilities
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,000 SF
Year Built
1989
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.45 AC
Parking
7 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
65’ on East 53rd Street
PROPERTY TAXES
| Parcel Number | P1209-13B | Improvements Assessment | $392,130 |
| Land Assessment | $78,410 | Total Assessment | $470,540 |
PROPERTY TAXES
Parcel Number
P1209-13B
Land Assessment
$78,410
Improvements Assessment
$392,130
Total Assessment
$470,540
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