MONTGOMERY PLAZA

53rd Street near Jersey Ridge RoadOffered for sale is Montgomery Plaza, a +/-20,500 SF neighborhood retail shopping center ideally located along highly traveled 53rd Street in Davenport, Iowa. The center is anchored by Grand Appliance and complemented by established local tenants including KT Nails, Milan Laser and New Style Barber Shop. Currently 52% occupied, the property presents an excellent value-add opportunity for an owner-occupant or investor seeking upside through lease-up. Priced well below replacement cost, Montgomery Plaza is strategically positioned amid ongoing and planned development, offering strong long-term growth potential.Retail space in Montgomery Plaza along E 53rd Street near Jersey Ridge Road. Multi-tenant strip center in a prime location on the 53rd Street corridor. Estimate Pass-Thru cost is $6.40 psf.