2519 53rd st Davenport, IA 52807

Listing agency Acropolis Commercial Advisors LLC

Listed by Eric Wasserman · License #FL CQ1057427

Source Crexi

Added: Apr 10 Updated: Jul 21 at 6:22AM Checked: Jul 21 at 6:22AM

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Investment Insights

Based on property information with market context.

This single-tenant Dunkin' Donuts property is being offered subject to a 20-year absolute triple-net lease with a Dunkin’ Donuts franchisee. The lease includes increases every five years and is supported by additional personal guarantees from the three principals.

The Dunkin’ Donuts is located directly off Interstate 74 near the intersection of 53rd Street and Jersey Ridge Road in Davenport, IA. Traffic counts in front of the property exceed 29,000+ VPD. Within walking distance is a newly opened Costco Wholesale, along with other developments under construction, and a new retail development across the street featuring tenants such as Portillo’s, Raising Cane’s, and a bank.

Key Highlights

• Single‑tenant Dunkin' Donuts with a 20‑year absolute triple‑net (NNN) lease to a Dunkin' franchisee.
• Lease features scheduled increases every five years, with additional personal guarantees from three principals.
• Vacancy rate of nearby office and industrial space is 2.7% within 1.5 miles (CoStar).

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FAQs

What type of property is this?

NNN property - Single-tenant Dunkin' Donuts with a 20-year absolute triple-net lease and scheduled increases every five years.

Where is this nnn property located?

The property is located at 2519 53rd st Davenport, IA.

What are key features of this property?

This property features: Single‑tenant Dunkin' Donuts with a 20‑year absolute triple‑net (NNN) lease to a Dunkin' franchisee.; Lease features scheduled increases every five years, with additional personal guarantees from three principals.; Vacancy rate of nearby office and industrial space is 2.7% within 1.5 miles (CoStar).