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    5000 Tremont

    Davenport, IA 52807
    • $7,765,000
    • STATUS: Active
    • ON SITE: 103 days
    • ID#: QC7042101
    UPDATED: 85 min ago
    $7,765,000
    • 0
      BEDS
    • 12.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Investment Sale - 5000 Business Park is a first-class 120,000 SF business park, located on 12.34 acres in Davenport, IA. It was built from 1994 - 2002 and consists of five separate buildings with a mix of 30 industrial flex and office tenants from less that 1,000 SF to 9,040 SF. Tenants range from international and national publicly listed companies to regional and local companies. The bulk of the leases are three to five year triple-net leases and the property is managed by a local property management company. This investment property has a proforma NOI of $563,008 and is offered for sale at $7,765,000 (7.25% CAP rate).

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    © 2020 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paramount Homes QC. Data last updated: 2020-09-20T12:44:50.573.
    www.paramounthomesqc.com/homes/106649764
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    5000 Tremont Davenport, IA 52807

    • Price: $7,765,000
    • Status: Active
    • Updated: 85 min ago
    • ID#: QC7042101
    0
    Beds
    0
    Baths
    0
    ½ Baths
    12.34
    Acres
    Neighborhood:
    Qcara Area
    County:
    Scott
    Area:
    Qcara Area
    Property Description
    Investment Sale - 5000 Business Park is a first-class 120,000 SF business park, located on 12.34 acres in Davenport, IA. It was built from 1994 - 2002 and consists of five separate buildings with a mix of 30 industrial flex and office tenants from less that 1,000 SF to 9,040 SF. Tenants range from international and national publicly listed companies to regional and local companies. The bulk of the leases are three to five year triple-net leases and the property is managed by a local property management company. This investment property has a proforma NOI of $563,008 and is offered for sale at $7,765,000 (7.25% CAP rate).
    Property Features

    Annual Taxes 205504 For Lease No For Sale Yes Sale Rent For Sale Type Commercial/Cie Zoning M-1

    Listing provided courtesy of Charles Armstrong of Nai Ruhl Commercial Company.
    © 2020 RMLS Alliance, LLC. All Rights Reserved.


    © 2020 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paramount Homes QC. Data last updated: 2020-09-20T12:44:50.573.
     
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