Dave & Buster's & BioLife — Sale in 5250, IA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: 5250, IA
  • Year built: 2002

Photos

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Investment Figures

Cap rate
8.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present this Dave & Busters-anchored retail center in Davenport, Iowa. This center has undergone a complete renovation since 2022 including a new roof. Dave & Buster's lease commenced in January 2026 and runs through January 2041 with Eight percent increases every five years. The adjacent three-units (Plato's Closet, Weight Watchers and Style Encore) are also available for sale - contact agent for the OM. Both centers benefit from over 25,000 vehicles per day on Elmore Ave and over 133,000 residents within five miles. Investment Highlights: • 100 Percent Occupied by Three Tenants with Triple-Net Leases • Significant Capital Investment to BioLife and Dave & Buster's Units - New Roof, New HVAC Units and Extensive Tenant Build-Outs • Dave & Busters Occupies 66.97 Percent on a New Fifteen Year Triple Net Lease with Eight Percent Rent Increases Every Five Years • BioLife Occupies 32.26 Percent on a Triple Net Lease Through March 2033 with a 6.45 Percent Rent Increase in 2028 • Extremely Dense Retail Corridor with Great Visibility from Elmore Avenue (Over 25,000 Vehicles Per Day)

Market Context

This retail in 5250, IA is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2002. Compare it against other retail listings for sale in 5250, IA — view the full market.

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