328 59th St Davenport, IA 52807-2619
This single-tenant industrial flex space, totaling 4,176 square feet, is available for lease with possession on July 1, 2024. Located at 328 E 59th St, Davenport, IA 52807, this Class B building sits on 0.39 acres and offers excellent access to State Hwy 61 (Brady Street) and US I-80. Built in 1976, the one-story building features 1,656 square feet of office space, including a private office, reception area, training room, and two restrooms. The 2,520-square-foot warehouse area boasts three grade-level drive-in doors (two measuring 9'H x 10'W and one 10'W x 9'H), a floor drain, utility sink, and eye wash station. The property includes ten parking spaces. The zoning is I-1. Taxes are $1.25 per square foot. Base rent is $8.00 per square foot net, plus taxes and insurance of $1.60 per square foot. Tenant is responsible for utilities, janitorial services, snow removal, lawn care, dumpster, and general property maintenance. The previous tenant will vacate on June 30, 2024. This property presents a fantastic opportunity for a business seeking efficient and well-located industrial space in Davenport.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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