Freestanding Office-Retail
For Sale
$1,850,000
1401 KIMBERLY Road, Bettendorf, IA 52722
Freestanding office and retail building offering abundant parking and quick access to I-74 for flexible commercial use.
Property Size11,016 SF
Days on Market319
Property Features for 1401 KIMBERLY Road
General Information
Standard status
Active
Size
11,016 SF
Property subtype
Commercial
Zoning
C
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$45,938
Building Details
Building Size
11,016 SF
Listing Agency:
Hawkeye Commercial Real Estate
Listed By:
Chris Wilkins · License #475139041
(563) 344-4295
Source:
Perillorealestategroup
Added: Nov 12, 2025
Changed: Aug 22
Last Checked: Aug 17 at 10:55AM
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 Hawkeye Commercial Real Estate
Investment Insights
Based on property information with market context.
This freestanding office/retail building is positioned for businesses that need both street-level storefront access and office space. The property is described as an office/retail configuration, supported by abundant on-site parking.
Located along the Davenport/Bettendorf border, the building provides quick access to I-74, making it convenient for customers and employees traveling by car. The offering also notes plentiful parking, which can support day-to-day operations and visitor traffic.
For buyers or owner-operators, the mix of office and retail space can support a range of tenant types or allow a single operator to combine customer-facing activity with back-office needs. The location and access to the interstate help make the property practical for businesses that benefit from straightforward vehicular reach and on-site parking.
Located along the Davenport/Bettendorf border, the building provides quick access to I-74, making it convenient for customers and employees traveling by car. The offering also notes plentiful parking, which can support day-to-day operations and visitor traffic.
For buyers or owner-operators, the mix of office and retail space can support a range of tenant types or allow a single operator to combine customer-facing activity with back-office needs. The location and access to the interstate help make the property practical for businesses that benefit from straightforward vehicular reach and on-site parking.
Key Highlights
- Freestanding office/retail building along the Davenport/Bettendorf border
- Quick access to I‑74
- Abundant on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$74,408
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,488,160
$1.5M
Cap Rate 7%
$1,062,971
$1.1M
Cap Rate 9%
$826,756
$826.8K
Market Conditions
NOI Build-Up for 11,016 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$125.6K $11.40/SF
− Vacancy
−$26.4K −$2.39/SF
EGI
$99.2K $9.01/SF
− OpEx
−$24.8K −$2.25/SF
NOI
$74.4K $6.75/SF
Area
Scott County, IA
Vacancy
21.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,488,160
Cap Rate 7%
$1,062,971
Cap Rate 9%
$826,756
Alternative Uses
Best Use
Office B
$1.06M
$930.1K – $1.24M
NOI $74,408 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$8.95M
$7.83M – $10.44M
NOI $626,569 @ 7.0% cap · market cap 33.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Explore this area
Business Placement
Demographics for 52722, IA
40,629
Population
17,460
Households
2.3
Avg Household Size
40
Median Age
52%
College-Educated
97%
High-School Grad
26.3 sq mi
ZIP Area
1,545
Density / Sq Mi
$105,763
Median Household Income
$59,365
Median Earnings
$1,150
Median Rent
$300,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Freestanding office and retail building offering abundant parking and quick access to I-74 for flexible commercial use.
Where is this office building located?
The property is located at 1401 KIMBERLY Road Bettendorf, IA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Freestanding office/retail building along the Davenport/Bettendorf border; Quick access to I‑74; Abundant on‑site parking
