CVS Pharmacy

1655 W Kimberly Rd, Davenport, IA 52806

  • For Sale $3,831,440
  • Property Type Retail - Street Retail
  • Property Size 17,200 SF
  • Lot Size 1.61 Acre
  • Property Tenancy Single Tenant
  • Year Built 1988
  • Date Updated Apr 4, 2024
Davenport is Iowa’s third largest city, the county seat of Scott County and home to 102,448 people (2014). The Davenport-Rock Island-Moline (Quad Cities) metropolitan area has a population of 383,030. Davenport is the largest city of the Quad Cities, which includes adjacent Bettendorf to the East and Rock Island, Moline and East Moline on the other side of the Mississippi River. Located halfway between Des Moines and Chicago on the Mississippi River, Davenport was incorporated as a special charter city of the territory of Iowa in 1839 and named for Colonel George Davenport; a popular local figure whose home located in nearby Fort Armstrong (now Rock Island Arsenal) was host to early meetings establishing the city. Two years later the city became the Scott County seat. Davenport started as a river port and transportation hub. Its early industry reflected this with timber mills, planning mills, barrel factories, furniture factories, slaughter houses and breweries. In 1856, Davenport became home to the first Rail Road Bridge to cross the Mississippi River. By the 1890s Davenport had grown into a retail and commercial hub, with most of the largest banks in the state calling Davenport home. As Davenport entered the 20th century, the city’s downtown grew with multilevel office buildings and hotels. Also streetcar lines dotted the city. The city thrived through the 1930s and 1940s as a cultural hub with the cities of Rock Island and Moline, Illinois. During this time, the Tri-Cities were home to both NFL and NBA teams. During the later half of the 20th Century Davenport and the Quad Cities established itself as the Farm Implement Capital of the World with John Deere and other manufacturers calling the Quad Cities home. The local economy’s reliance on this type of manufacturing during the farm crisis of the 1980’s devastated the local economy. Today, Davenport is making a comeback by diversifying its economy into service and tourism. The Mississippi River is the city’s greatest asset and is playing a vital role in its comeback with riverboat casinos, recreation, and new downtown developments.Long Term 16.75 Year Lease backed by CVS Health Corp Investment Credit Guarantee Rated | S&P "BBB+" CVS is Ranked #11 on Fortune 500 List with Over $300 Billion in Revenue Absolute Net Lease | Zero Landlord Obligations Drive Thru Equipped Site Located at Main on Main Signalized Intersection Larger Footprint Building of 17,184 SQFT on 1.61 Acres This Location Carries a Liquor License Along with Pharmacy, Grocery, & Convenience General Items Strong Residential Infill Demos: Population Exceeds 129,128+ in 5 Miles Traffic Counts in Excess of 31,234+ Cars Daily on N Division St & Kimberly Rd Close Proximity to Genesis Medical Center (550 Bed Regional Hospital) & Select Medical Hospital (50 Bed Acute Care facility) Two Blocks from NorthPark Mall | 934,000 SF Regional Mall Anchored by Dillard’s and Von Maur

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Long Term 16.75 Year Lease backed by CVS Health Corp
  • Investment Credit Guarantee Rated | S&P "BBB+"
  • CVS is Ranked #11 on Fortune 500 List with Over $300 Billion in Revenue
  • Absolute Net Lease | Zero Landlord Obligations
  • Drive Thru Equipped Site Located at Main on Main Signalized Intersection
  • Larger Footprint Building of 17,184 SQFT on 1.61 Acres
  • This Location Carries a Liquor License Along with Pharmacy, Grocery, & Convenience General Items
  • Strong Residential Infill Demos: Population Exceeds 129,128+ in 5 Miles
  • Traffic Counts in Excess of 31,234+ Cars Daily on N Division St & Kimberly Rd
  • Close Proximity to Genesis Medical Center (550 Bed Regional Hospital) & Select Medical Hospital (50 Bed Acute Care facility)
  • Two Blocks from NorthPark Mall | 934,000 SF Regional Mall Anchored by Dillard’s and Von Maur

Contacts

broker

Danny Samona

Encore Real Estate Investment Services

(734) 945-5967

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable
  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Davenport, IA
  • Neighborhood Davenport
  • Zip Code 52806

Points of Interest

  • Casey's General Store

    1.01 miles

  • Murphy USA

    1.22 miles

  • Hy-Vee Gas

    1.61 miles

  • Phillips 66

    1.64 miles

  • Shell

    1.87 miles

  • Casey’s General Store

    1.90 miles

  • Kwik Star

    2.29 miles

  • Shell

    2.30 miles

  • Beiderbecke Inn Destination Charger

    2.42 miles

  • QC Mart

    2.53 miles

  • SAU Parking

    1.27 miles

  • Employee Parking Lot D

    2.40 miles

  • Lot E

    2.40 miles

  • Employee Parking Lot F

    2.40 miles

  • Visitor Parking

    2.43 miles

  • Employee Parking Lot B

    2.45 miles

  • Patient Parking

    2.48 miles

  • Quinlan Court

    3.04 miles

  • Visitor's Lot

    6.67 miles

  • Lot B

    6.73 miles

  • Pizza Hut

    0.35 miles

  • McDonald's

    0.40 miles

  • Popeyes

    0.44 miles

  • Checkers

    0.58 miles

  • KFC

    0.72 miles

  • China 2008

    0.77 miles

  • Subway

    0.78 miles

  • Freddy's

    0.85 miles

  • Family Restaurant

    0.91 miles

  • Applebee's

    1.07 miles

  • Hy-Vee

    0.50 miles

  • Fareway

    1.00 miles

  • Dillard's

    1.17 miles

  • Walmart Supercenter

    1.18 miles

  • JCPenney

    1.37 miles

  • Von Maur

    1.47 miles

  • Big Lots

    1.54 miles

  • Hy-Vee

    1.69 miles

  • ALDI

    2.02 miles

  • Slagles

    2.14 miles

Frequently Asked Questions

What is the lease rate for CVS Pharmacy?

Rental asking rate at CVS Pharmacy is $1,915,720.00/YR.

What is the total square footage of CVS Pharmacy?

CVS Pharmacy totals 17,200 square feet.

When was this property built?

CVS Pharmacy was built in 1988.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Danny Samona

Encore Real Estate Investment Services

(734) 945-5967