Share This Listing

Message

953 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Brink’s Inc. has operated at this location since 1996, reflecting nearly three decades of consistent performance.
  • The lease is structured on an absolute net basis, with Brink’s responsible for all real estate expenses, including property taxes, insurance, etc.
  • The offering is particularly well-suited for private investors and 1031 exchange buyers seeking a stable, long-term investment.
  • The tenant recently executed a new 5-year lease extension, ensuring income stability and reaffirming their commitment to the site.
  • Offered at $1,307,000.00, the property provides investors an opportunity to acquire a national credit tenant at an attractive, accessible basis.
  • ****Also available with Brinks at 1704 W 2nd St, Davenport, IA offered at $845,000 - 6.75% cap rate****

Executive Summary

Brandon Perez of Matthews Real Estate Investment Services, Inc
02106051 (CA) & 10401395154 (NY)
600 W Fulton, Ste 100 Chicago, IL 60661
(949) 777-5984
Matthew M. Fitzgerald of Matthews Real Estate Investment Services, Inc
License # 471021676 (IL) & 478027547 (WI)
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Davenport, Iowa, anchors the Quad Cities region and serves as a key economic and residential center along the Mississippi River. As one of Iowa’s largest cities, it combines small-city charm with essential urban conveniences, offering a high quality of life at a lower cost compared to larger metro areas. Its strategic location provides excellent access to major transportation routes, including Interstate 80 and nearby regional airports, making it a convenient home base for residents and businesses alike. The city’s steady population trends and relatively low cost of living continue to attract a diverse and growing tenant base.
The local economy is driven by a balanced mix of manufacturing, healthcare, education, logistics, and government services. These industries provide solid employment opportunities and help support stable median household incomes, fostering long-term rental demand. Davenport’s neighborhoods are well-developed with strong retail corridors, educational institutions, and cultural amenities, while also offering access to parks, recreational spaces, and a revitalized riverfront. With its combination of economic resilience, accessibility, and livability, Davenport presents a compelling environment for multifamily investment and long-term value growth.

Property Facts

Price $1,307,000
Price Per SF $105.40
Sale Type Investment
Cap Rate 6.75%
Property Type Industrial
Building Class B
Lot Size 1.79 AC
Rentable Building Area 12,400 SF
No. Stories 1
Year Built 2000
Zoning I - Industrial
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
17-10-326-012
Land Assessment
$34,130
Improvements Assessment
$246,080
Total Assessment
$280,210
  • Listing ID: 40794142

  • Date on Market: 6/4/2026

  • Last Updated:

  • Address: 6200 W Plank Rd, Peoria, IL 61604

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}