600 Le Claire RdEldridge, IA 52748

Property Details for 600 Le Claire Rd

Year built

1983

Lot size

2.59 AC

Property size (Sq ft)

27,040 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

9311532021

APU

9311532021

Description

Eldridge Plaza, located at 600 E Le Claire Rd in Eldridge, Iowa (zip code 52748), presents a fantastic opportunity for retail businesses. This 4,000 square foot retail property is currently fully vacant and available for lease. The building underwent renovations in 2010, ensuring modern amenities and a well-maintained structure. The space is flexible, offering a minimum divisible unit of 2,000 square feet and a maximum contiguous space of 4,000 square feet, catering to a variety of business needs and sizes. Situated in Scott County, Iowa, this property benefits from excellent visibility and accessibility, making it an ideal location for attracting customers. The entire 4,000 square feet is available for lease to a single tenant, providing a significant presence in the Eldridge market. This is a rare opportunity to secure a substantial retail space in a desirable location. The property's address is easily accessible and offers ample parking for customers and employees. The 2010 renovations ensure a modern and updated space ready for immediate occupancy. This is a turnkey solution for businesses seeking a prominent retail location in Eldridge, Iowa.

• CAP approach

  CAP return

  Valuation

  6%

  $7,177,118

  6.5%

  $6,625,032

  7%

  $6,151,815

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,917,871

  Geo Method

  $8,875,339

• Alternative Use

  Use

  Valuation

  Residential

  $5,588,462

  Hospitality

  $5,119,001

  Educational

  $4,258,949

  Medical

  $4,405,420

  Retail

  $6,625,032

Location Insight

City

Eldridge

County

Scott

State

Iowa

Latitude

41.6553

Longitude

-90.5751

CBSA code

19340

CBSA name

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

Property Tax & Assessments

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