3843 Elmore Avenue Davenport, IA 52807

Building Details

Year Built

1989

Listing agency Commercial Investment Advisors (CIA) Scottsdale

Listed by Justin Carlson · License #AZ SA633944000

Source Crexi

Added: Oct 27, 2025 Updated: Jul 21 at 8:43PM Checked: Jul 21 at 8:43PM

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Investment Insights

Based on property information with market context.

This KFC restaurant is offered for sale as an absolute NNN property with more than 8 years remaining on the lease. The lease includes 10% rental escalations every five years, along with two five-year renewal options.

The tenant is FQSR, LLC, identified in the materials as the parent company/operating entity for KFC locations. The property sits on approximately 1.08 acres in a retail corridor with direct visibility and convenient access along Elmore Avenue. The site is described as directly across from Kohl’s, Sam’s Club, Petco, and Guitar Center.

The listing materials also note traffic counts along Elmore Avenue, with 17,579 CPD on Elmore Avenue and an adjacent segment of 30,352 CPD. Nearby draws mentioned include St. Ambrose University, MercyOne Genesis Davenport, and Trinity Bettendorf Hospital.

Key Highlights

• KFC property built in 1989 with an absolute NNN lease
• Lease includes 10% rental escalations every 5 years plus two additional 5‑year renewal options
• Tenant FQSR, LLC (largest KFC franchisee in the U.S.) operates 832 KFC locations

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FAQs

What type of property is this?

Conventional restaurant - KFC property with an absolute NNN lease featuring 10% rental escalations every five years and two additional five-year options.

Where is this conventional restaurant located?

The property is located at 3843 Elmore Avenue Davenport, IA.

What is the asking price?

The asking price for this property is $1,336,000.

What are key features of this property?

This property features: KFC property built in 1989 with an absolute NNN lease; Lease includes 10% rental escalations every 5 years plus two additional 5‑year renewal options; Tenant FQSR, LLC (largest KFC franchisee in the U.S.) operates 832 KFC locations