902 Kimberly RdDavenport, IA 52806

Property Details for 902 Kimberly Rd

Year built

1978

Construction

FRAME

Lot size

0.97 AC

Property size (Sq ft)

5,008 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

P1407-03

APU

P140703

Description

This exceptional retail opportunity presents 7 available spaces ranging from 1,550 to 25,200 square feet within the thriving Village Shopping Center. Strategically located on heavily trafficked Kimberly Road, west of NorthPark Mall, this property boasts unparalleled visibility and accessibility. The center encompasses a total of 234,224 square feet on a substantial 23.22-acre lot (1,011,463 square feet), zoned C-3. The property's diverse tenant mix includes a strong roster of national, regional, and local businesses, such as Ross Dress for Less, Five Below, Pet Supplies Plus, Furnish 123, Pop Shelf, and Domino's Pizza, creating a vibrant and established retail environment. This location offers significant potential for businesses seeking high foot traffic and exposure in a well-established shopping center. The multiple unit availability allows for flexibility in space requirements, catering to a wide range of retail concepts. The expansive lot size and ample parking provide convenience for both tenants and customers. This is an exceptional opportunity to establish or expand your business in a prime retail location. Contact us today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,329,253

  6.5%

  $1,227,003

  7%

  $1,139,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,281,239

  Geo Method

  $1,643,776

• Alternative Use

  Use

  Valuation

  Residential

  $1,035,023

  Hospitality

  $948,075

  Educational

  $788,788

  Medical

  $815,915

  Retail

  $1,227,003

Location Insight

City

Davenport

County

Scott

State

Iowa

Latitude

41.5605

Longitude

-90.5825

CBSA code

19340

CBSA name

DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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