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Mattress Firm & Mission BBQ 2815 E 53rd St

7,600 SF 100% Leased Retail Building Davenport, IA 52807 $5,323,224 CAD ($700 CAD/SF) 7% Cap Rate

Storefront Properties Iowa Davenport 2815 E 53rd St, Davenport, IA 52807

Investment Highlights

  • 100% Leased to Mission BBQ and Mattress Firm, 10-Year Corporate Leases
  • Mattress Firm Pending Acquisition by Tempur Sealy (NYSE: TPX); Estimated at 2,800+ Locations and $4.13 Billion in Revenue
  • Serving Over 383,600 Residents in a 17-County Bi-State Region of the Quad Cities
  • 10% Rental Increases Every 5 Years Throughout the Base Term and Options
  • New High-Quality Construction, Minimal Landlord Responsibilities
  • Strong Average Household Incomes in Excess of $127,000 within 1-Mile

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
7,600 SF
Building Class
B
Year Built
2022
Price
$5,323,224 CAD
Price Per SF
$700 CAD
Cap Rate
7%
NOI
$372,415 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Land Acres
1.25 AC
Zoning
C-3 - Commercial

Amenities

  • Signage

Links

1 of 1

Nearby Major Retailers

ALDI
WW
Mission BBQ
Old National Bank
Capriotti's
Huhot Mongolian Grill
Portillo's
Noodles & Company
Maid-Rite
Starbucks

PROPERTY TAXES

Parcel Number N0712A05 Improvements Assessment $2,133,644 CAD
Land Assessment $1,061,122 CAD Total Assessment $3,194,765 CAD

PROPERTY TAXES

Parcel Number
N0712A05
Land Assessment
$1,061,122 CAD
Improvements Assessment
$2,133,644 CAD
Total Assessment
$3,194,765 CAD
(858) 373-3174

  • Listing ID: 33742382

  • Date on Market: 2024-11-04

  • Last Updated:

  • Address: 2815 E 53rd St, Davenport, IA 52807

The Retail Property at 2815 E 53rd St, Davenport, IA 52807 is currently available For Sale. Contact Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Mattress Firm & Misson BBQ (Davenport, IA)-1
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Mattress Firm & Mission BBQ | 2815 E 53rd St
(858) 373-3174 x

Mattress Firm & Mission BBQ | 2815 E 53rd St

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Phil Sambazis

(858) 373-3174

(858) 373-3174

Brandon Hanks

(858) 373-3224

(858) 373-3224

Jon Ruzicka

(952) 852-9767

(952) 852-9767

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