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Fully Leased Strip Center
For Sale
$425,000

1115 W 2nd Street, Davenport, IA 52802

Occupied retail center in downtown Davenport with established tenants and nearby restaurants, offices, and residential growth.

Property Size4,400 SF
Days on Market195

Property Features for 1115 W 2nd Street

General Information

Standard status Active
Size 4,400 SF
Property subtype Commercial
Occupancy 100%

Taxes and HOA fees

Annual Taxes $15,826

Building Details

Building Size 4,400 SF
Year Built 2003
Stories 1
Units 3
Tenancy Multi
Listing Agency: Mel Foster Co. Commercial
Listed By: Nick Roman · License #S7386000
Source: Exit2newbeginningz
Added: Feb 18 Changed: Aug 31 Last Checked: Aug 4 at 11:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mel Foster Co. Commercial

Investment Insights

Based on property information with market context.

This strip center is a fully occupied retail property with all tenant spaces currently leased. Built in 2003, the property is positioned for an owner seeking an established commercial asset rather than vacant space requiring initial lease-up.

The center is located at 1115 W 2nd Street in downtown Davenport, within a corridor described as high-traffic and highly visible. The surrounding area includes restaurants, offices, residential growth, and ongoing downtown revitalization, with pedestrian activity supporting the broader commercial setting.

Key Highlights

  • Fully leased strip center with all tenant spaces occupied
  • Built in 2003
  • Located at 1115 W 2nd Street, Davenport, IA 52802

Property Analytics

Current Use

Downtown Automotive & Customs Auto Repair Shop Laundry Land (Bike/Boat/Book/etc) Store Mr. Porta Potty ... Corporate Office Anna's Nail Salon Nail Salon La Moreliana Restaurant

Suggested Use

Top Pick Real Estate Agency Pharmacy Electrical Service Auto Parts Store Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Dining 29% Electronics 9%
Shell Shops & Services
6,465 visits/mo 0.2 miles
SUBWAY Dining
3,017 visits/mo 0.1 miles
Metro by T-Mobile Electronics
912 visits/mo 0.4 miles

Demographics for 52802, IA

9,967
Population
4,379
Households
2.3
Avg Household Size
39
Median Age
8%
College-Educated
84%
High-School Grad
10.4 sq mi
ZIP Area
958
Density / Sq Mi
$50,850
Median Household Income
$31,250
Median Earnings
$978
Median Rent
$84,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Occupied retail center in downtown Davenport with established tenants and nearby restaurants, offices, and residential growth.
Where is this strip mall located?
The property is located at 1115 W 2nd Street Davenport, IA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Fully leased strip center with all tenant spaces occupied; Built in 2003; Located at 1115 W 2nd Street, Davenport, IA 52802
More about this property
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