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5320 Corporate Park Dr
Davenport, IA 52807 Outer Davenport/Bettendorf

$6,000,000 USD

Auto Dealership For Sale  •  19,611 SF

Property Details

  • Property Type Auto Dealership
  • Total Building Size 19,611 SF
  • Lot Size 1.62 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 7.00 %
  • Tenancy Single
30 Transit Score
50 Walk Score

Highlights

Boasts an extremely strong Rent-to-EBITDAR coverage ratio that comfortably exceeds institutional benchmarks.
20-year Absolute Triple Net (NNN) Lease in place with top-performing multi-location Harley-Davidson dealer with zero landlord responsibilities.
7.00% CAP Rate with 10% rent increases every 5 years, providing a strong hedge against inflation.
Lease guaranteed by an award-winning multi-unit operator with deep experience in dealership and auto service operations.
Strategically positioned immediately south of Interstate 80 in Davenport, the largest of the Quad Cities and a key Midwest freight.
Harley-Davidson remains one of the most recognizable and enduring retail brands in America.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Real estate only 19,611 SF

Amenities

  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
Quad Cities International 31 min - 16.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Luke Wakefield 770-800-3035 Sands Investment Group Atlanta, LLC
Luke Wakefield 770-800-3035 Sands Investment Group Atlanta, LLC