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1704 W 2nd St
Davenport, IA 52802 Fejervary

$845,000 USD

Industrial For Sale  •  9,900 SF

Property Details

  • Property Type Industrial
  • Total Building Size 9,900 SF
  • Lot Size 0.42 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 6.75 %
10 Transit Score
50 Walk Score

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****

Property Flyers

Cap Rate: 6.75 %

Public Transportation

AirportDriveWalkDistance
Quad Cities International 20 min - 10.5 mi
Brandon Perez 949-777-5984 Matthews Real Estate Investment Services
Brandon Perez 949-777-5984 Matthews Real Estate Investment Services