Former Sears Box at NorthPark Mall 320 W Kimberly Rd
116,156 SF Retail Building Davenport, IA 52806 For Sale
INVESTMENT HIGHLIGHTS
- he former Sears box is situated at the northeast end of NorthPark Mall.
- The former Sears at NorthPark Mall is situated along two main roads that generate over 52,200 vehicles per day
- The former Sears at NorthPark Mall is being offered free and clear of existing debt obligations
- The mall consists of 934,000 SF and anchored by JCPenney, Dillard’s, Von Maur, and Barnes and Noble.
- Flexible Zoning Ordinance and REA
EXECUTIVE SUMMARY
The former Sears box is situated at the northeast end of NorthPark Mall. The mall consists of 934,000 SF and is anchored by JCPenney, Dillard’s, Von Maur, and Barnes and Noble. Strong in-line tenants like H&M, American Eagle, JD Sports, and Shoe Dept. complement these anchors. Furthermore, NorthPark Mall is located in a high-growth market, giving the mall a significant development upside.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
116,156 SF
Building Class
B
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
12.24 AC
Parking
498 Spaces (4.29 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | P1405-07A | Improvements Assessment | $1,139,000 |
| Land Assessment | $1,411,000 | Total Assessment | $2,550,000 |
