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$695,000
Est. payment /mo
3,080 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 3,080 sqft
Price per Sqft $225
MLS Listing ID 12791628
Year Built 2022
Annual Tax Amount $17,134
Tax Year 2025
Lot Size 0.440 Acres
Property Sub-Type Retail/Stores
Property Description
Approximately 3,080 SF freestanding, two-suite building constructed in 2022 and strategically located at the corner of Utica Ridge Road and Commerce Boulevard in Davenport, IA. This modern commercial property offers excellent visibility, convenient access to I-74, ample on-site parking with direct storefront access, and an existing drive-thru configuration. Zoned C-2, the property is situated within an established commercial corridor surrounded by hotels, medical offices, retail businesses, and residential neighborhoods. Nearby businesses and amenities include My Place Hotel, Staybridge Suites, Homewood Suites by Hilton, UnityPoint Health-Trinity, and the YMCA. The property is approximately 50% occupied, providing an opportunity for an investor seeking existing rental income with additional lease-up potential or an owner-user seeking space for their business. QC Fuel currently leases approximately 1,652 SF under a five-year NNN lease expiring May 31, 2030, with one additional five-year renewal option. The remaining approximately 1,428 SF is vacant, unfinished shell space requiring a complete interior buildout, allowing a future occupant to configure the premises to meet their specific operational needs. Potential uses include retail, restaurant, service, and other commercial uses, subject to applicable zoning and approvals. The combination of newer construction, high-visibility corner positioning, and existing tenant income offers an investment or owner-user opportunity along the Utica Ridge Road commercial corridor.
Location
State IA
County Scott
Area Davenport
Interior
Cooling Central Air
Flooring Concrete
Fireplace N
Exterior
Roof Type Membrane
Building
Dwelling Type Retail/Stores
Water Municipal Water
Structure Type Brick,Block,Frame,Vinyl Siding
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Listed by Shawn Langan of NAI Ruhl Commercial Company
NEARBY SCHOOL & BUSINESS
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