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Class A Office Units
For Lease
$9.33 SF/Yr

331 W 3RD Street #204, Davenport, IA 52801

Flexible office suites provide secured entry, elevator service, and a mix of private and open work areas.

Space Size1,905 SF - 25,582 SF
Days on Market793

Property Features for 331 W 3RD Street #204

General Information

Standard status Active
Size 1,905 SF - 25,582 SF
Net Rentable 1,905 SF
Class A
Elevators Yes

Space & Availability

Available Space 1,905-25,582 SF
Floor 1-2
Space Use Office

Taxes and HOA fees

Annual Taxes $65,082

Amenities

common area lobby
secured access

Building Details

Building Size 25,582 SF
Year Built 2004
Listing Agency: NAI Ruhl Commercial Company
Listed By: Richard Schaefer · License #S32803000/475.140021
Source: Exit2newbeginningz
Added: Jun 20, 2024 Changed: Aug 16 Last Checked: Aug 20 at 1:59PM

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 NAI Ruhl Commercial Company

Investment Insights

Based on property information with market context.

Office units are available within the New Ventures Building at 331 W 3RD Street in downtown Davenport. The Class A property offers approximately 1,905 SF to 25,582 SF across the first and second floors, with suites configured around private offices, conference rooms, break rooms, and open workspace.

Building amenities include a shared lobby, controlled access, and elevator service. A municipal parking ramp directly adjacent to the building provides parking access for occupants and visitors. Constructed in 2004, the property combines multi-suite office availability with a downtown setting at the southeast corner of W. 3rd and Ripley Street.

Key Highlights

  • Approximately 1,905 SF to 25,582 SF available
  • Office suites across the 1st and 2nd floors
  • Class A building constructed in 2004

Property Analytics

Current Use

SCORE Business Management Consultant Quad Cities Chamber ... Business Service Center Greater Davenport Redevelopment ... Charitable Organization Parking Ramp Parking Lot & Garage Open Software Solutions (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Butcher Locksmith

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

NNN (Triple Net)
Lease Type
$1.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,370
Businesses Nearby

Demographics for 52801, IA

1,446
Population
1,162
Households
1.2
Avg Household Size
36
Median Age
23%
College-Educated
89%
High-School Grad
0.4 sq mi
ZIP Area
3,615
Density / Sq Mi
$22,217
Median Household Income
$20,219
Median Earnings
$927
Median Rent

Market

Lease Benchmarks for Davenport, IA

$17.41 /SF/Yr
Avg Asking Price
$6–$129 /SF/Yr
Price Range
5,308 SF
Avg Space Size

This space is priced 46% below the average of $17.41 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office suites provide secured entry, elevator service, and a mix of private and open work areas.
Where is this office units located?
The property is located at 331 W 3RD Street #204 Davenport, IA.
What is the lease rate?
The lease rate is $9.33 SF/Yr.
What are key features of this property?
This property features: Approximately 1,905 SF to 25,582 SF available; Office suites across the 1st and 2nd floors; Class A building constructed in 2004
More about this property
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