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Hyvee Anchored Retail Center For Sale
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2862 Devils Glen Rd, Bettendorf, IA 52722

94% occupied retail center with strong tenant mix.

Property Size26,979 SF
Price / SF$203.86
Days on Market187

Property Features for 2862 Devils Glen Rd

General Information

Standard status Active
Size 26,979 SF
Class B
Property subtype Retail
Occupancy 94%
Investment Type Stabilized
Net Operating Income $386,857

Building Details

Stories 1
Tenancy Multi
Listing Agency: Riser Retail Group Carmel
Listed By: John F. Riser · License #RB14036150
Source: Crexi
Added: Feb 5 Changed: Aug 8 Last Checked: Aug 8 at 6:38AM

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 Riser Retail Group Carmel

Investment Insights

Based on property information with market context.

This 26,979-square-foot retail center is anchored by Hyvee and features a strong mix of national and regional tenants. The property is currently 94% occupied. It benefits from an excellent location along Middle Road and Devils Glen Road, with strong traffic counts and demographics. A new roof was installed in 2023 and is under warranty.

Key Highlights

  • 94% Occupied Retail Center
  • Hyvee Shadow Anchored Retail Center
  • New Roof 2023 (Under Warranty)

Property Analytics

Current Use

Fruit Fixer: iPhone ... Electronics & Wireless Store

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Electrical Service Barber Shop HVAC Service Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping center - 94% occupied retail center with strong tenant mix.
Where is this shopping center located?
The property is located at 2862 Devils Glen Rd Bettendorf, IA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 94% Occupied Retail Center; Hyvee Shadow Anchored Retail Center; New Roof 2023 (Under Warranty)
More about this property
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