North Ridge Power Center
4016 E 53rd St, Davenport, IA 52807, USA

$14,315,000· Multi Tenant (Available)

Investment Highlights

  • 100% Occupied Retail Center
  • All Leases Structured As Triple-Net (Minimal Landlord Responsibility)
  • Five Below Just Signed a New 10 Year Lease (No Vacant Down Time)
  • Long Term Tenancy - Multiple Lease Extensions
  • New Paint on Facade (Michael's, Bed Bath & Beyond & T.J. Maxx Space)
  • Strong Store Operations - Sales Reporting (Contact Agent For More Details)
  • Bed Bath & Beyond Just Extended Four Years Through 1/31/2027 & Currently Renovating Their Interior Store
  • Extremely Dense Retail Market Located Right Off Interstate 74
  • Over 104,000 Residents Within Five Miles With An Average Household Income Of $78,570
  • Adjacent To Hy-Vee Grocery Store (Not Included)
  • Great Visibility With Multiple Points of Ingress/Egress

Location

Agent

Jeff Rowlett

jeff.rowlett@marcusmillichap.com
262 364 1924

Jeff Rowlett is a leading Investment Advisor at Marcus & Millichap serving private capital investors in Chicago, Milwaukee and nationwide. Mr. Rowlett is widely recognized as a leading investment properties specialist. His expertise is in understanding the capital markets, knowing..

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