photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com
5216 SHERIDAN Street
Davenport, IA 52806
$1,095,000.00
$995,000.00 listing calculator

Listing Description


Approximately 9,108 SF strip center investment opportunity for sale. Sheridan Square features five suites with only one vacancy. The property is ideally located off the highly traveled 53rd Street, just minutes from I-74 and I-80, providing direct access to the surrounding Quad Cities and regional hubs. Its close proximity to Highway 61 allows for convenient north-south travel throughout the region, while its location near key commercial corridors ensures high visibility and steady traffic flow. A 24x24 garage at the rear of the property, along with an additional lot, offers opportunities to add another building or expand parking. The complex also includes a large, easily accessible parking lot with ample spaces in both the front and rear, complemented by prominent monument signage for tenant exposure. With strong tenant retention, room for growth, and the property assessed at an 8.40% cap rate, Sheridan Square represents an exceptional opportunity for investors looking to expand their portfolio.