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Flex Space with Rear Overhead Door
For Lease
$8 SF/Yr

587 E 53RD Street, Davenport, IA 52807

Front retail and office area provides a customer-facing component for the suite.

Space Size3,744 SF
Property Size15,080 SF
Days on Market334

Property Features for 587 E 53RD Street

General Information

Standard status Active
Size 3,744 SF
Net Rentable 3,744 SF
Zoning C-2

Space & Availability

Available Space 3,744 SF
Contiguous Space 3,744 SF
Space Use Flex

Warehouse & Industrial

Clear Height 16 ft
Warehouse Space 2,945 SF
Office Build-Out 220 SF
Mezzanine 450 SF

Taxes and HOA fees

Annual Taxes $45,594

Amenities

Pylon signage

Building Details

Building Size 15,080 SF
Listing Agency: Hawkeye Commercial Real Estate
Listed By: Zach Tansey
Source: Birdrealtysells
Added: Sep 11, 2025 Changed: Aug 8 Last Checked: Aug 9 at 1:44PM

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.

Suite 587 offers 3,744 SF of flex industrial space within a retail center. The layout combines 2,945 SF of warehouse area with a front 220 SF office and retail component. Warehouse clear height is roughly 16 feet throughout, rising to a 24-foot center ceiling peak, with 450 SF of mezzanine storage. A 12' x 10' overhead door serves the rear of the suite.

The property is located at 587 E 53rd Street in Davenport, Iowa, with storefront exposure along 53rd Street. Customer parking is positioned at the front, and additional parking is available behind the building. Pylon signage is available, and the property carries C-2 zoning.

Key Highlights

  • 3,744 SF flex industrial suite with front retail and office space
  • 2,945 SF warehouse area with a 24' center ceiling peak and roughly 16' clear height
  • 12' x 10' rear overhead door

Property Analytics

Current Use

Auto Artist Art Gallery

Suggested Use

Top Pick Law Firm Pharmacy Parking Lot & Garage Dental Office Bakery Barber Shop

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

16 ft
Clear height
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,205
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Davenport, IA

$9.17 /SF/Yr
Avg Asking Price
$5.32–$10 /SF/Yr
Price Range
9,478 SF
Avg Space Size

This space is priced 13% below the average of $9.17 /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?
Flex space - Front retail and office area provides a customer-facing component for the suite.
Where is this flex space located?
The property is located at 587 E 53RD Street Davenport, IA.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 3,744 SF flex industrial suite with front retail and office space; 2,945 SF warehouse area with a 24' center ceiling peak and roughly 16' clear height; 12' x 10' rear overhead door
More about this property
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