Harley-Davidson Dealership with Absolute
5320 Corporate Park Drive Davenport, IA 52807
5320 Corporate Park Drive, Davenport, IA, 52807
Contact for pricing
For Sale
Contact for pricing
Absolute triple-net dealership investment with a new 20-year lease and scheduled rent increases every five years.
Property Size19,611 SF
Price / SF$305.95
Days on Market56
Property Features for 5320 Corporate Park Drive
General Information
- Standard status
- Active
- Size
- 19,611 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing agency
ParaSell Inc
Listed by
Scott Reid · License #9009637
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 5:21AM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This offering presents a 19,611 SF Harley-Davidson dealership property. The asset is secured by a brand-new 20-year Absolute Triple Net (NNN) lease. The lease structure places responsibility for key operating expenses with the tenant, aligning with an investment approach designed for minimal property-level management involvement.
The dealership is located at 5320 Corporate Park Drive in Davenport, Iowa. Additional terms included with the offering specify 10% rent increases every five years over the lease term.
For buyers, this is a single-tenant NNN dealership investment backed by a nationally recognized tenant, with a long-duration lease horizon and contractual rent growth built into the lease. The property’s underwriting information provided with this offering includes a stated 7.00% CAP rate and the scheduled 10% increases every five years, offering a clear framework for evaluating cash flow stability over the lease period.
The dealership is located at 5320 Corporate Park Drive in Davenport, Iowa. Additional terms included with the offering specify 10% rent increases every five years over the lease term.
For buyers, this is a single-tenant NNN dealership investment backed by a nationally recognized tenant, with a long-duration lease horizon and contractual rent growth built into the lease. The property’s underwriting information provided with this offering includes a stated 7.00% CAP rate and the scheduled 10% increases every five years, offering a clear framework for evaluating cash flow stability over the lease period.
Key Highlights
- 19,611 SF Harley‑Davidson dealership at 5320 Corporate Park Drive in Davenport, IA
- Brand‑new 20‑year absolute triple‑net (NNN) lease with nationally recognized tenant
- 7.00% CAP rate
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $294.2k | $15.00 |
| − Vacancy | −$23.5k | −$1.20 |
| EGI | $270.6k | $13.80 |
| − OpEx | −$81.2k | −$4.14 |
| NOI | $189.4k | $9.66 |
19,611 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.71M
$2.37M – $3.16M
NOI $189,442 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.23M
$3.70M – $4.94M
NOI $296,292 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cardtronics ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Showroom - Absolute triple-net dealership investment with a new 20-year lease and scheduled rent increases every five years.
Where is this showroom located?
The property is located at 5320 Corporate Park Drive Davenport, IA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 19,611 SF Harley‑Davidson dealership at 5320 Corporate Park Drive in Davenport, IA; Brand‑new 20‑year absolute triple‑net (NNN) lease with nationally recognized tenant; 7.00% CAP rate
