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Shopping Strip

Dave & Busters / BioLife

5248 - 5250 Elmore Ave, Davenport, IA 52807

Listing Price: $9,475,000

Cap Rate
8.00%
Gross SF
47,500
Rentable SF
47,500
Price/Gross SF
$199.47
Lot Size
1.09 acres
Year Built
2012

Investment Overview

Marcus & Millichap is pleased to present this two-tenant center in Davenport, Iowa anchored by Dave & Busters. This center has undergone a complete renovation since 2022 including a new roof. The adjacent three-units (Plato's Closet, Weight Watchers and Style Encore) are also available for sale - contact agent for the OM.

Investment Highlights

  • 100 Percent Occupied by Two Tenants
  • Fully Renovated in 2022-2025 Including New Roof, New HVACs and Complete Interior Renovations
  • New 15 Year Triple-Net Lease with Dave & Busters
  • Eight Years Remaining on Triple-Net Lease with BioLife
  • Extremely Dense Retail Corridor

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Financing By

Shopping Strip

Dave & Busters / BioLife

Listing Price: $9,475,000

Cap Rate
8.00%
Gross SF
47,500
Rentable SF
47,500
Price/Gross SF
$199.47
Lot Size
1.09 acres
Year Built
2012

Investment Highlights

  • 100 Percent Occupied by Two Tenants
  • Fully Renovated in 2022-2025 Including New Roof, New HVACs and Complete Interior Renovations
  • New 15 Year Triple-Net Lease with Dave & Busters
  • Eight Years Remaining on Triple-Net Lease with BioLife
  • Extremely Dense Retail Corridor

Investment Overview

Marcus & Millichap is pleased to present this two-tenant center in Davenport, Iowa anchored by Dave & Busters. This center has undergone a complete renovation since 2022 including a new roof. The adjacent three-units (Plato's Closet, Weight Watchers and Style Encore) are also available for sale - contact agent for the OM.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

Financing By

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