Property profile

583 53Rd St Davenport, IA 52807

OFF-MARKET
Retail properties & Spaces
71,400 SF
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Property summary

AI-generated overview

This exceptional sublease opportunity presents 1,600 square feet of well-appointed office space at 583A E 53rd St in Scott County. Located in a vibrant commercial area, this single-tenant suite is currently vacant and immediately available. The existing lease expires February 28, 2025, and the landlord is receptive to negotiating new lease terms with a qualified tenant. The space boasts two spacious front offices or conference rooms, ideal for meetings or executive functions. A smaller office or storage room provides additional versatility, while a large open backroom area offers ample space for cubicles or desks, accommodating various work styles and team sizes. A convenient in-suite bathroom adds to the convenience. This property benefits from a strong location, surrounded by established businesses such as CT Trading, Salon Centric, Fred Astaire Dance Studio, American Prosthetics, and Lotus Asian Bistro, ensuring high visibility and foot traffic. The entire building encompasses 71,400 square feet on a 71,400 square foot lot, and is zoned C-2. This single-story building presents a fantastic chance to establish a presence in a thriving commercial district. Schedule a viewing today.

Property profile

Verified
Property type Retail properties & Spaces
Total area 71,400 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Computer & Electronic Repair
  • Training Center
  • General Contractor
  • Computer & Electronic Repair

Location

583 53Rd St Davenport, IA 52807
Davenport metro
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Value estimations

Realmo proprietary · 4 methods
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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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