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505 E 53rd St
Davenport, IA 52807
 Jiffy Lube | 455 E 53rd St · Specialty Property For Sale · 2,015 SF

Car Washes Iowa Davenport 505 E 53rd St, Davenport, IA 52807

INVESTMENT HIGHLIGHTS

  • List price of $2,700,000 yielding a 5.00% cap rate
  • 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
  • Tax Benefits – Auto service properties may be eligible for an accelerated depreciation schedule **Consult tax or accounting professional for more info
  • Absolute Triple-Net Lease (NNN) – Zero Landlord Responsibilities
  • New Multicare® store model – part of Jiffy Lube’s new corporate initiative to become a full-service maintenance destination & going beyond oil changes

PROPERTY FACTS

Property Type Specialty Building Size 2,015 SF
Property Subtype
Car Wash
  • General Retail Auto Dealership
  • General Retail Fast Food
  • General Retail Service Station
 No. Stories 1
Building Class C Year Built/Renovated 1997/2021
Lot Size 0.45 AC Parking Ratio 13.9/1,000 SF
Property Type Specialty
Property Subtype
Car Wash
  • General Retail Auto Dealership
  • General Retail Fast Food
  • General Retail Service Station
Building Class C
Lot Size 0.45 AC
Building Size 2,015 SF
No. Stories 1
Year Built/Renovated 1997/2021
Parking Ratio 13.9/1,000 SF

PROPERTY TAXES

Parcel Number P1209A01 Improvements Assessment $1,229,980
Land Assessment $347,610 Total Assessment $1,577,590

PROPERTY TAXES

Parcel Number
P1209A01
Land Assessment
$347,610
Improvements Assessment
$1,229,980
Total Assessment
$1,577,590
 

  • Listing ID: 26508656

  • Date on Market: 8/29/2022

  • Last Updated:

  • Address: 505 E 53rd St, Davenport, IA 52807

More public record information on 505 E 53rd St, Davenport, IA 52807

The North Side Specialty Property at 505 E 53rd St, Davenport, IA 52807 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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