For Sale
$435,000

3546-3548 Brady St Davenport, IA 52806

7,200 SF Multi-Tenant Retail Building

Overview

Added:
Dec 11, 2024
Days on market:
131
This 7,200 square foot multi-tenant retail building, located at 3546-3548 N Brady Street in Davenport, Iowa, presents a compelling investment opportunity for owner-users and investors alike. The Class B property, built in 1957, currently boasts 63% occupancy across three tenants within a single building. A significant portion (3,616 square feet) is occupied by the seller, who is open to negotiating a short-term leaseback, partial leaseback, or complete vacancy upon sale. Two additional tenants occupy 2,700 and 884 square feet respectively, both on month-to-month leases, providing a new owner with flexibility to renegotiate lease terms. The asking price is $435,000. The property features a modified lease type and includes additional outdoor storage and parking located behind the building. The seller's existing business and inventory are available for separate purchase, but are not included in the sale price of the building. This presents a unique opportunity to acquire a well-located retail property with immediate income potential and significant upside through lease renegotiation and potential future development. The property is situated in Scott County, Iowa, zip code 52806.

Highlights

  • $435,000 asking price for a 7,200 square foot multi-tenant retail building.
  • Located at 3546-3548 N Brady Street, Davenport, IA 52806.
  • Class B, single-building shopping center built in 1957.
  • 63% occupancy with a modified lease structure and one year remaining lease term.
  • Offers potential for owner-user or investor; includes a 3,616 SF space currently occupied by the seller, who may offer a short-term leaseback.
  • Two additional tenants occupy 2,700 SF and 884 SF on month-to-month leases.

Property Details for 3546-3548 Brady St

Property type
Lifestyle centers, Power centers
Square Feet
7,200 SF
Class
B
Year Built
1957
Buildings
1

Location Insight

City
Davenport
County
Scott
State
Iowa
Latitude
41.555847943736
Longitude
-90.568782687588
3546-3548 Brady St, Davenport, Iowa

FAQs

What type of property is this?
Lifestyle center - 7,200 SF Multi-Tenant Retail Building
Where is the lifestyle center located?
The property is located at 3546-3548 Brady St Davenport, IA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: $435,000 asking price for a 7,200 square foot multi-tenant retail building.; Located at 3546-3548 N Brady Street, Davenport, IA 52806.; Class B, single-building shopping center built in 1957.
How can I contact the broker?
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3546-3548 Brady St
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