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    5345 Elmore Ave Davenport, IA 52807

    Sponsored
    For Lease
    $30 SF/Yr

    937 SF Retail Space, Sublease Available

    Lot size:
    937 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 5345 Elmore Avenue in Davenport, Iowa, presents a unique sublease opportunity. The 937 square foot space is situated within a thriving strip center, boasting a prime location at the intersection of Elmore Avenue and 53rd Street. The property is zoned C-3, allowing for a variety of commercial uses. The single-tenant building is part of a larger commercial development, sharing the center with established and reputable businesses such as Noodles & Co. and Charles Schwab, ensuring high visibility and foot traffic. This presents a strong opportunity for businesses seeking a well-located retail space in a high-traffic area. The property features one building with a single suite, identified by APN Y0817-01K. The sublease agreement extends until January 31, 2028, providing a secure tenancy for the foreseeable future. This is an ideal opportunity for a business seeking immediate occupancy in a desirable Davenport location. The property is easily accessible and benefits from excellent visibility due to its strategic placement within the strip center. Interested parties should inquire about the specific terms of the sublease agreement. The property's location in Davenport, Iowa, zip code 52807, offers convenient access to major transportation routes and a strong local customer base.

    Property Features for 5345 Elmore Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    937 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    937 SF
    Rate per SF
    $30

    HighLights

    • 937 sq ft sublease space available in Davenport, IA.
    • Located at 5345 Elmore Ave, at the intersection of Elmore Ave and 53rd St.
    • Situated in a thriving strip center with strong co‑tenants (Noodles & Co., Charles Schwab).
    • C‑3 zoning allows for diverse commercial uses.
    • Sublease term extends to January 31, 2028.
    • APN: Y0817‑01K.
    Property Profile Location Intelligence

    Current Use by Public Records

    Charles Schwab Financial Consultant Noodles and Company Restaurant Aqueous Vapor - Davenport ... Vaporizer Store RockItCoin Bitcoin ATM Crypto Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.5281501
    Latitude
    41.575721

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    FAQs

    What type of property is this?
    Retail property - 937 SF Retail Space, Sublease Available
    Where is this retail property located?
    The property is located at 5345 Elmore Ave Davenport, IA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 937 sq ft sublease space available in Davenport, IA.; Located at 5345 Elmore Ave, at the intersection of Elmore Ave and 53rd St.; Situated in a thriving strip center with strong co-tenants (Noodles & Co., Charles Schwab).
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    Davenport, IA 52807
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5345 Elmore Ave Davenport, IA 52807
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