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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2400 Spruce Hills Dr Bettendorf, IA 52722

Built 1999
Property ID
Property summary
AI-generated overview

This thriving Bettendorf restaurant, established for over 18 years, presents a rare investment opportunity. Located on a nearly 0.68-acre lot at 2400 Spruce Hills Drive, Bettendorf, IA 52722, this property boasts a prime location in a high-traffic area, close to new developments like the upcoming water park and ice rink. The single-building property, constructed in 1999, has been meticulously maintained, featuring recently updated HVAC systems (2018 & 2020) and a newly resurfaced parking lot (2024). The spacious interior includes ample seating for patrons and a large kitchen equipped with walk-in refrigeration and freezer units. All existing fixtures and inventory are included in the sale, providing a seamless transition for a new owner. The asking price is $825,000. This property is ideal for a continuation of the existing restaurant operation or for conversion to another commercial use. The significant lot size offers considerable potential for future expansion or development. Don't miss this chance to acquire a well-established business in a rapidly growing area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1999
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Azteca 3 Authentic Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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