110 East 50th Street

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110 East 50th Street

Davenport, IA 52806
Asking Price
$695K
Asset Type
Office
Class
Class B

What's Special

Office | 7,960 SqFt <ul><li>​±7,960 SF Professional Office Building</li><li>​0.75 Acres / 32,670 SF Land Area</li><li>​Strong Visibility on Welcome Way / U.S. 61</li><li>​Prime Building Signage Opportunity</li><li>​Convenient Access to E. 53rd St, Kimberly Rd & Regional Corridors</li><li>​One-Story Functional Layout</li><li>​Ample Paved Parking</li><li>​Fiber Connectivity Installed</li><li>​Recent Improvements Include Roof, HVAC, Water Heater & Entry Door</li><li>​Ideal for Owner-User or Investment Opportunity</li>

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NOI
$80,000
Cap Rate
11.51%
DSCR
1.94
Strong
Cash-on-Cash
18.58%
Monthly Payment
$3,438.481
Annual Cash Flow
$38,738.23

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