1110 E KIMBERLY RD Pending

Davenport,IA 52807

$ 499000

- Bed

- Bath

5464 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 5,464 sqft

Price per Sqft $91

MLS Listing ID QC4264976

Annual Tax Amount $24,136

Tax Year 2023

Lot Size 1.100 Acres

Property Sub-Type Commercial

Property Description

Outstanding national tenant investment opportunity with Famous Dave's BBQ as the single tenant since 2002, demonstrating over 23 years of occupancy and success at this prime Davenport location. Famous Dave's is open and fully operational; this is an investment sale only, and the tenant is not closing. They recently signed a new 5-year lease extension effective May 1, 2025, with two additional 5-year renewal options—showcasing their strong commitment to the property and long-term operational success. The property has undergone recent renovations, further enhancing its appeal and functionality. This is a full net lease investment, with the tenant responsible for all expenses. Situated along the highly traveled Kimberly Road corridor with excellent visibility and ample parking, this property is ideal for investors seeking a stable, long-term income stream from a proven national tenant.

Location

State IA

County Scott

Area Qcara Area

Zoning C-2

Interior

Heating Forced Air

Cooling Central Air

Flooring Other

Exterior

View true

Roof Type Asphalt,Shake

Building

Sewer Public Sewer

Water Municipal/City

Structure Type Other,Frame

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