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29684841
29684842

902 W Kimberly Rd, Davenport, IA 52806 For Sale

AR
JLL Chicago | North Riverside Plaza
MN
IL475.189942
JLL Chicago | North Riverside Plaza
JLL Chicago | North Riverside Plaza
Listed by JLL Chicago | North Riverside Plaza
Unpriced
155 days on market
Updated 155 days ago

Village Shopping Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 233,100
Occupancy 91.6%
Tenancy Multi
Remaining Term 6

91% Leased Regional Open-Air Shopping Center | 35 Tenant Suites | Value-Add Opportunity - 6%+ CAGR

Investment highlights

  • Tremendous Recent Leasing Velocity

    • 4 tenant openings across 72,708 SF since 2024, representing 33% of leasable GLA

  • Dominant Anchor Tenant Performance & Strong Credit Quality

    • #1 most trafficked Ross (Moody’s A2) in Iowa

    • #3 most trafficked Pet Supplies Plus & Five Below in Iowa

    • Over 60% of occupied space is national tenancy

  • Regional Center with Local Draw & Unmatched Visibility

    • Over 2.1M annual visits and combined VPD of 36k

  • Stable Cash Flow with Value-Add Opportunity

    • 18,472 SF of leasable vacant space available across 5 suites, offering opportunity to increase rental revenue by +/- 13% through lease-up

  • Ideal Anchor to Shop Space Ratio

    • 68% Big Box / Jr Anchor to 32% Small Shop

  • Located on Retail Corridor Supported by Major Regional & National Retailers

    • Only 2.1% retail vacancy within 5-mile radius

  • Potential to Relocate National Retailers from Adjacent NorthPark Mall ($290 Sales PSF)

Listing Contacts

AR
JLL Chicago | North Riverside Plaza
MN
IL475.189942
JLL Chicago | North Riverside Plaza
JLL Chicago | North Riverside Plaza
Listed by JLL Chicago | North Riverside Plaza

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