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Retail Storefront in Target-Anchored Center
For Lease
$16 SF/Yr

5255 Elmore Ave, Davenport, IA 52807

Anchored retail space in a Target shopping center with strong vehicle traffic along major eastbound routes.

Space SizeContact for details
Days on Market102

Property Features for 5255 Elmore Ave

General Information

Standard status Active

Site & Location

Traffic Count 60,000 vehicles/day
Highway Access Yes

Building Details

Year Built 1996
Tenancy Multi
Listing Agency: Hawkeye Commercial Real Estate
Listed By: Chris Wilkins · License #475139041
Source: Realtopiare
Added: Jun 16 Changed: Sep 25 Last Checked: Sep 24 at 3:28PM

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 for-rent storefront is located within a Target-anchored shopping center that also includes Staples and PetSmart, providing an established retail mix for everyday shoppers. The property features monument signage at the main intersection, supporting brand visibility for customers navigating the center.

The center is positioned at “Main & Main” at 5255 Elmore Avenue in Davenport, IA 52807. Public remarks cite 60,000+ VPD along Elmore Avenue and 53rd, with I-74 traffic to the east, bringing frequent drive-by exposure from multiple directions.

With nearby retailers listed as Costco, Dick’s, Walmart, Best Buy, Ashley Furniture, and ALDI, the tenant environment is aligned with common shopping and service needs across major categories. This makes the space a practical fit for retailers seeking a storefront address inside a consolidated, anchor-driven shopping center where traffic visibility and co-tenancy with large national brands are key considerations.

Key Highlights

  • Retail property built in 1996, located within a Target anchored shopping center
  • Monument signage on a “Main & Main” location
  • High traffic visibility with 60,000+ VPD along Elmore Ave and 53rd

Property Analytics

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Current Use

Party City Party Supply Store

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Storage Facility Parking Lot & Garage Electrical Service Big Box & Wholesale Store

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

60,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby
825k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 49% Dining 19% Shops & Services 18% Electronics 7%
Target Superstores
153,452 visits/mo 0.2 miles
Walmart Superstores
149,492 visits/mo 0.5 miles
Costco Wholesale Superstores
101,492 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
52,908 visits/mo 0.3 miles
Costco Gasoline Shops & Services
45,530 visits/mo 0.2 miles

Demographics for 52807, IA

15,851
Population
8,136
Households
1.9
Avg Household Size
40
Median Age
43%
College-Educated
94%
High-School Grad
28.6 sq mi
ZIP Area
554
Density / Sq Mi
$71,866
Median Household Income
$44,203
Median Earnings
$910
Median Rent
$323,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Davenport, IA

$16.17 /SF/Yr
Avg Asking Price
$12–$21 /SF/Yr
Price Range
31,053 SF
Avg Space Size

This space is priced 1% below the average of $16.17 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

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  • Davenport Commons — 5811 Elmore Avenue, Davenport, IA 52807

Frequently Asked Questions

What type of property is this?
Shopping center - Anchored retail space in a Target shopping center with strong vehicle traffic along major eastbound routes.
Where is this shopping center located?
The property is located at 5255 Elmore Ave Davenport, IA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Retail property built in 1996, located within a Target anchored shopping center; Monument signage on a “Main & Main” location; High traffic visibility with 60,000+ VPD along Elmore Ave and 53rd
More about this property
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