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 24×24 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.
5216 SHERIDAN Street Davenport, IA 52806
Price Reduced
For Sale
5216 SHERIDAN Street
Davenport, IA 52806
Price: $995,000
Type:
Commercial Sale
Commercial
Lot Size (Acres): 1.8
Agent:
Shawn Langan
Agent Phone: 563-355-4000
Agent Email: slangan@ruhlcommercial.com
Broker:
NAI Ruhl Commercial Company
Broker Phone: 563-355-4000