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 $950,000, 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.
FOR SALE DETAILS
PRICE
$950,000 USD
PRICE/SF
$77 USD /SF
CAP RATE
6%
% 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
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CLEAR CEILING HT
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DOCKS
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DRIVE INS
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PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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949-777-5984
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949-777-5984
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
