17040 215th St - Warehouse FOR SALE


Davenport, IA 52806
$1,168,000 USD
949-350-5431
17040 215th St, Davenport, IA for Sale
$1,168,000 USD
Warehouse - FOR SALE
1/6
null | 7% Cap Rate

17040 215th St
Davenport, IA 52806


HIGHLIGHTS

  • Strong Corporate Guarantee: GardaWorld Is a Highly Respected Industrial Tenant, Generating $6 Billion in Annual Revenue
  • 10-Year Lease Extension – An Extremely Rare 10-Year Lease Extension at This Site, Demonstrating the Tenant’s Strong Commitment to the Location
  • New Roof Recently Installed – Highlighting Further Dedication to Supporting the Tenant’s Presence at This Location
  • Long-Term Occupancy: GardaWorld Has Successfully Operated at This Location for Nearly 20 Years

OVERVIEW

GardaWorld Is a Highly Respected Industrial Tenant, Generating $6 Billion in Annual Revenue and Operating Nearly 200 Locations Across the U.S. and Canada 10-Year Lease Extension – An Extremely Rare 10-Year Lease Extension at This Site, Demonstrating the Tenant’s Strong Commitment to the Location New Roof Recently Installed – Highlighting Further Dedication to Supporting the Tenant’s Presence at This Location ________________________________________ High Credit Tenant • Strong Corporate Guarantee: Backed By a Tenant with Over $6 Billion In Annual Revenue • Market Leadership: GardaWorld Is One of The World’s Largest Privately Owned Integrated Security and Risk Companies, Providing a Secure Investment • E-Commerce & Recession-Resilient: GardaWorld’s Business Model Is Well-Suited to Thrive in Various Economic Conditions ________________________________________ Strong Real Estate Fundamentals • Highly Desirable 10-Year Lease: GardaWorld Has Recently Secured A Rare And Highly Sought-After 10-Year Lease At This Prime Location • Located Just Four Miles from Downtown Davenport, IA with a Population of 100,000+ • Long-Term Occupancy: GardaWorld Has Successfully Operated at This Location for Nearly 20 Years • Investor-Friendly: This NN Industrial Property Offers Minimal Landlord Responsibilities, Making It Ideal for Out-Of-Market Investors • Prime Industrial Location: Situated In a Dense Industrial Area Surrounded by National Brands, Including R+L Carriers, Hertz Car Rental, John Deere, TruGreen, Culligan, Ryder, Amazon Fulfillment Center, Kraft-Heinz, Sterilite, Penske, And Quad Cities, Among Others, All In Close Proximity To The Subject Property Broker of Record: Jon Ruzicka License: B63379000 1601 Utica Avenue South, Suite 301 Minneapolis, MN 55416 Phone: (952) 852-9700

FOR SALE DETAILS

PRICE

$1,168,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GardaWorld - 10-Year Lease Extension

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86

LAND SF

37,462

ZONING

-

APN/PARCEL ID

932533311

ASK ABOUT THIS PROPERTY

Ron DuongMarcus & MillichapMore Info
949-350-5431

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Ron DuongMarcus & MillichapMore Info
949-350-5431

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