HIGHLIGHTS
- Brink’s Inc. has operated at this location since 1996, reflecting nearly three decades of consistent performance.
- The tenant recently executed a new 5-year lease extension, ensuring income stability and reaffirming their commitment to the site.
- The lease is structured on an absolute net basis, with Brink’s responsible for all real estate expenses, including property taxes, insurance, etc.
- Offered at $845,000, the property provides investors an opportunity to acquire a national credit tenant at an attractive, accessible basis.
- The offering is particularly well-suited for private investors and 1031 exchange buyers seeking a stable, long-term investment.
- ****Also available with Brinks at 6200 West Plank Rd Peoria, IL offered at $1,307,000 - 6.75% cap rate****
FOR SALE DETAILS
PRICE
$845,000 USD
PRICE/SF
$85 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
1704 W 2ND ST, DAVENPORT, IA 52802
PROPERTY TYPE
Industrial
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.42
LAND SF
18,221
ZONING
-
APN/PARCEL ID
K0013-09B
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
949-777-5984
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
949-777-5984
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
