Shopping Neighborhood
Plato’s Closet / Style Encore / Weight Watchers
5252 Elmore Avenue, Davenport, IA 52807
Listing Price: $2,725,000
Cap Rate
7.11%
Gross SF
12,989
Rentable SF
12,989
Price/Gross SF
$209.79
Lot Size
0.30 acres
Year Built
2002
Investment Overview
Over 133,500 Residents Within Five Miles
Average Household Income Of $89,931 Within Five Miles
Adjacent To Bio-Life, Aldi & Verizon
Investment Highlights
- Plato's Closet - New 10 Year Lease (Next Rent Increase at Year Six – 10 Percent Increase)
- Style Encore - New 10 Year Lease (Next Rent Increase At Year Six – 10 Percent Increase)
- Weight Watchers - New Five Year Lease (3 Percent Annual Rent Increases)
- Weight Watchers - Has Been A Tenant for Over 12 Years
- Completely Remodeled Interior Spaces - Significant Capital Investment
- All Leases Are Triple-Net
Broker of Record
Shopping Neighborhood
Plato’s Closet / Style Encore / Weight Watchers
Listing Price: $2,725,000
Cap Rate
7.11%
Gross SF
12,989
Rentable SF
12,989
Price/Gross SF
$209.79
Lot Size
0.30 acres
Year Built
2002
Investment Highlights
- Plato's Closet - New 10 Year Lease (Next Rent Increase at Year Six – 10 Percent Increase)
- Style Encore - New 10 Year Lease (Next Rent Increase At Year Six – 10 Percent Increase)
- Weight Watchers - New Five Year Lease (3 Percent Annual Rent Increases)
- Weight Watchers - Has Been A Tenant for Over 12 Years
- Completely Remodeled Interior Spaces - Significant Capital Investment
- All Leases Are Triple-Net
Investment Overview
Over 133,500 Residents Within Five Miles Average Household Income Of $89,931 Within Five Miles Adjacent To Bio-Life, Aldi & Verizon
Broker of Record

