3740 Utica Ridge Rd - Medical FOR SALE


Bettendorf, IA 52722- Outer Davenport/Bettendorf
$4,115,000 USD
818-510-3158
3740 Utica Ridge Rd, Bettendorf, IA for Sale
$4,115,000 USD
Medical - FOR SALE
1/5
null | 7.5% Cap Rate

3740 Utica Ridge Rd
Bettendorf, IA 52722
Outer Davenport/Bettendorf


HIGHLIGHTS

  • $400K INVESTED IN CAPITAL IMPROVEMENTS: Full Roof Replacement & Parking Lot Repairs (2024)
  • 4.65% WEIGHTED AVG ANNUAL INCREASES
  • 0.6 MILES FROM HOSPITAL: 3 minute drive to UnityPoint Health Trinity Bettendorf (139-beds)
  • 150k+ RESIDENTS IN 5-MI RADIUS
  • 'AA-' FITCH RATED CREDIT TENANT: UnityPoint is among the highest-rated nonprofit health systems in the Midwest.
  • HIGHLY ACCESSIBLE: Located just off I-74 with ±35,000 VPD

OVERVIEW

Adam Marek License # F03991000 (IA) Pacific Realty Commercial, LLC 11516 Miracle Hills Dr. Ste #400 Omaha, NE 68154 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,115,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Utica Crest Medical Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center, Drug Store, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.68 AC

LAND SF

203,861 SF

ZONING

-

APN/PARCEL ID

841737003-1

ASK ABOUT THIS PROPERTY

Remi BogdanovichMatthews Real Estate Investment ServicesMore Info
818-510-3158

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Remi BogdanovichMatthews Real Estate Investment ServicesMore Info
818-510-3158

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.