Mattress Firm & Mission BBQ | 2815 E 53rd St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Mattress Firm & Mission BBQ 2815 E 53rd St
7,600 SF 100% Leased Retail Building Davenport, IA 52807 $3,650,000 ($480/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Leased to Mission BBQ and Mattress Firm, 10-Year Corporate Leases
- Mattress Firm Pending Acquisition by Tempur Sealy (NYSE: TPX); Estimated at 2,800+ Locations and $4.13 Billion in Revenue
- Serving Over 383,600 Residents in a 17-County Bi-State Region of the Quad Cities
- 10% Rental Increases Every 5 Years Throughout the Base Term and Options
- New High-Quality Construction, Minimal Landlord Responsibilities
- Strong Average Household Incomes in Excess of $127,000 within 1-Mile
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,600 SF
Building Class
B
Year Built
2022
Price
$3,650,000
Price Per SF
$480
Cap Rate
7.25%
NOI
$264,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.25 AC
Zoning
C-3 - Commercial
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | N0712A05 | Improvements Assessment | $1,532,790 |
| Land Assessment | $762,300 | Total Assessment | $2,295,090 |
PROPERTY TAXES
Parcel Number
N0712A05
Land Assessment
$762,300
Improvements Assessment
$1,532,790
Total Assessment
$2,295,090
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Mattress Firm & Mission BBQ | 2815 E 53rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.