720-635-2653
, Davenport, IA for Sale
Office - FOR SALE
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Davenport Medical Campus
Davenport, IA
North Side


OVERVIEW

TO SIGN THE CONFIDENTIALITY AGREEMENT AND GET IMMEDIATE ACCESS TO THE FULL OFFERING MEMORANDUM, PLEASE VISIT: www.davenportmedicalcampus.com or click: https://www.cbredealflow.com/handler/modern.aspx?pv=6-GS-yzkEK2HLaA-lZNqtuocc6xWGdlnXPHOBZwcIcA#_top Investment Highlights: • HIGH-PERFORMING AMBULATORY SURGERY CENTER ANCHOR • PROVEN TENANT RETENTION & LEASING VELOCITY • SCA HEALTH-OPERATED SURGERY CENTER (PAVILION 1) • DIVERSIFIED MEDICAL SPECIALTY MIX • HIGH-ACUITY BUILD-OUT & TENANT STICKINESS • PREMIER INSTITUTIONAL ANCHOR HEALTH SYSTEMS • STRATEGIC CAMPUS POSITIONING • NNN LEASE STRUCTURE & PREDICTABLE NOI GROWTH Overview: CBRE’s U.S. Healthcare Capital Markets Group is pleased to exclusively offer the opportunity to acquire the Davenport Medical Campus (the “Portfolio” or “Campus”). Totaling 118,003 square feet across three institutional-quality buildings, the Campus anchors the premier healthcare corridor of the Quad Cities, the largest metro between Minneapolis–Saint Paul and St. Louis and a bistate, five-city region spanning eastern Iowa and western Illinois. The Portfolio is currently 89% leased, with a weighted-average remaining lease term (WALT) of 7.2 years across 100% triple-net lease structures and 43% credit tenancy. Over the trailing 12 months, the Campus has completed more than 21,800 square feet of leasing activity, underscoring the mission critical nature of the asset and sustained institutional demand for purpose-built medical space in the Quad Cities. The Campus is anchored by the Mississippi Valley Surgery Center, the region’s leading multi-specialty ambulatory surgical center (ASC). The Campus is positioned directly across Interstate 74 from the 139-bed UnityPoint Health Trinity Hospital and functions as an integrated outpatient extension of the market’s two dominant health systems. On-campus surgeons maintain active hospital privileges at both Trinity and MercyOne Genesis Davenport Medical Center, creating an embedded, dual-system referral infrastructure that drives surgical case volume and reinforces long-term tenant retention. Purpose-built with high-acuity surgical suites, specialized clinical environments, and more than $9 million in recent facility modernizations, the Campus offers a secure, credit-enhanced income platform with demonstrable forward leasing momentum within one of the Midwest’s most strategically positioned outpatient ecosystems.

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Chris BodnarCBRE, Inc.More Info
720-635-2653

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Chris BodnarCBRE, Inc.More Info
720-635-2653

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