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Class A Office Units
For Lease
$9.95 SF/Yr

331 W 3RD Street #150, Davenport, IA 52801

Elevator-served suites offer private offices, conference rooms, break areas, and open workspace within a secured building.

Space SizeContact for details
Property Size25,582 SF
Days on Market784

Property Features for 331 W 3RD Street #150

General Information

Standard status Active
Size 25,582 SF
Zoning C-4

Taxes and HOA fees

Annual Taxes $65,082

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: Ozmentrealestate
Added: Jun 20, 2024 Changed: Aug 10 Last Checked: Aug 11 at 2:22PM

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 across the first and second floors of the New Ventures Building, with suite sizes ranging from approximately 1,905 SF to 25,582 SF. The 2004 building provides a common lobby, secured entry, elevator service, and varied layouts that may include private offices, conference rooms, break rooms, and open workspace. The property is zoned C-4.

The building is located at 331 W 3rd Street in downtown Davenport, at the southeast corner of W. 3rd and Ripley Street. A municipal parking ramp is adjacent to the building, providing nearby parking access for occupants and visitors.

Key Highlights

  • Approximately 1,905 SF to 25,582 SF available across the 1st and 2nd floors
  • Class A office space in a 2004 building
  • Adjacent municipal parking ramp

Property Analytics

Current Use

SCORE Volunteer Organization 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
$1.49 /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

$16.19 /SF/Yr
Avg Asking Price
$6–$129 /SF/Yr
Price Range
7,287 SF
Avg Space Size

This space is priced 39% below the average of $16.19 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Elevator-served suites offer private offices, conference rooms, break areas, and open workspace within a secured building.
Where is this office units located?
The property is located at 331 W 3RD Street #150 Davenport, IA.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: Approximately 1,905 SF to 25,582 SF available across the 1st and 2nd floors; Class A office space in a 2004 building; Adjacent municipal parking ramp
More about this property
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