5348 Elmore Ave - Office FOR SALE


Davenport, IA 52807- North Side
$5,679,000 USD
602-687-6700
5348 Elmore Ave, Davenport, IA for Sale
$5,679,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

NEW


5348 Elmore Ave
Davenport, IA 52807
North Side


OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire an exceptional office property located at 5348 Elmore Circle Davenport, IA. The Asset contains of a +/- 75,728 SF office situated on +/-9/84 acres. The Asset’s quality construction and adaptability creates a great opportunity for an owner-user or value-add investor. The Asset has been institutionally owned and maintained since it was originally a build-to-suit for AT&T in 2007. In addition to the possibilities provided with the existing office structure, there is future repurposing upside given the high quality improvements, open layout, 22’ building height, oversized +/-9.84-acre parcel, and favorable “C-3” General Commercial Zoning. The Property was previously occupied by AT&T and utilized as a call center, until they vacated in December 2024. The existing improvements include a commercial grade cafeteria, conference rooms, exterior lined offices, two large open work areas, and web-based training rooms.

FOR SALE DETAILS

PRICE

$5,679,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

AT&T Call Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

578

LAND DETAILS

LAND ACRES

10.72 AC

LAND SF

466,912 SF

ZONING

C-3 (General Commercial)

APN/PARCEL ID

Y0817-02E

ASK ABOUT THIS PROPERTY

Tivon MoffittInstitutional Property AdvisorsMore Info
602-687-6700

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Tivon MoffittInstitutional Property AdvisorsMore Info
602-687-6700

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