Current Use by Public Records
- Palm Springs Bottled Water / Home Appliance Store / Building Supply
- The Door Depot / Hardware & Home Improvement / Production Facility
- Fastenal Fulfillment Center / Big Box & Wholesale Store
- Wayne Dalton Sales & Service of Quad Cities / Building Supply / General Contractor
- Hagerty Supply - Industrial & Contractor / Building Supply / Industrial Manufacturer
Property Details for 5111 Tremont Ave
- Lot size
- 7.41 lot acres
- Property type
- Warehouses
- Property subtype
- Office Spaces
Description
This exceptional investment opportunity presents a three-building industrial complex totaling 114,000 square feet, strategically located in Davenport, Iowa. The property boasts excellent access to Interstates 80 and 74, ensuring seamless transportation and logistics. The complex sits on a substantial 7.41 acres of land and features a mix of office and warehouse space, ideal for a variety of businesses. The buildings offer a combined total of two dock-high doors and one drive-in door, providing efficient loading and unloading capabilities. Currently occupied by Cody Insulation, the property is zoned I-1 and will become available for lease on December 1, 2024. One available space of 6,000 square feet is currently available. This multi-tenant property presents a unique chance to acquire a well-positioned industrial asset in a thriving market. The property's size, location, and features make it an attractive option for businesses seeking a versatile and functional space. The existing tenant provides a stable income stream until the lease expiration date. This is a rare opportunity to acquire a significant industrial property in a prime location. The property's zoning allows for a variety of uses, making it a highly adaptable and valuable asset.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Scott
- State
- Iowa
- Longitude
- -90.5604
- Latitude
- 41.5731
