3546-3548 Brady StDavenport, IA 52806

Property Details for 3546-3548 Brady St

Year built

1957

Property size (Sq ft)

7,200 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Davenport

County

Scott

State

Iowa

Latitude

41.5558

Longitude

-90.5688

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