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3546-3548 Brady St Davenport, IA 52806

OFF-MARKET
Lifestyle centers
7,200 SF Built 1957
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Property summary

AI-generated overview

This 7,200 square foot multi-tenant retail building, located at 3546-3548 N Brady Street in Davenport, Iowa, presents a compelling investment opportunity for owner-users and investors alike. The Class B property, built in 1957, currently boasts 63% occupancy across three tenants within a single building. A significant portion (3,616 square feet) is occupied by the seller, who is open to negotiating a short-term leaseback, partial leaseback, or complete vacancy upon sale. Two additional tenants occupy 2,700 and 884 square feet respectively, both on month-to-month leases, providing a new owner with flexibility to renegotiate lease terms. The asking price is $435,000. The property features a modified lease type and includes additional outdoor storage and parking located behind the building. The seller's existing business and inventory are available for separate purchase, but are not included in the sale price of the building. This presents a unique opportunity to acquire a well-located retail property with immediate income potential and significant upside through lease renegotiation and potential future development. The property is situated in Scott County, Iowa, zip code 52806.

Property profile

Verified
Property type Lifestyle centers
Year built 1957
Total area 7,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3546-3548 Brady St Davenport, IA 52806
Davenport metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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