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Dave & Buster's Anchored Center 2 Retail Properties Offered at $11,965,000 in Davenport, IA
Investment Highlights
- 100% Occupied with Triple-Net Leases
- Anchored by Dave & Buster’s with a New 15 Year Triple-Net Lease
- Extremely Dense Retail Corridor with Great Visibility from Elmore Avenue
- Significant Capital Investment to BioLife and Dave & Buster’s Units - New Roof / New HVAC Units / Extensive Tenant Build-Outs
- BioLife Has Seven Years Remaining on Original 10 Year Triple-Net Lease
Property Facts
| Price | $11,965,000 | Number of Properties | 2 |
| Price / SF | $195.04 / SF | Individually For Sale | 0 |
| Cap Rate | 8.16% | Total Building Size | 61,345 SF |
| Sale Type | Investment NNN | Total Land Area | 14.38 AC |
| Status | Under Contract |
| Price | $11,965,000 |
| Price / SF | $195.04 / SF |
| Cap Rate | 8.16% |
| Sale Type | Investment NNN |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 61,345 SF |
| Total Land Area | 14.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5250 Elmore Ave, Davenport, IA 52807 | Retail | 60,917 SF | 1998 | - |
| 5266 Elmore Ave, Davenport, IA 52807 | Retail | 428 SF | 2018 | - |
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Dave & Buster's Anchored Center
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