- For Lease $11.00 - $14.00/SF/YR
- Property Type Retail - Street Retail
- Property Size 20,264 SF
- Lot Size 1.78 Acre
- Property Tenancy Multi-Tenant
- Year Built 2003
- Date Updated May 20, 2026
Description
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.
True
6 Spaces Available
Ste 10
Space Type
Retail
Lease Rate
$11.00/SF/YR
Total Space
4,180 SF
Divisible Space
4,180 - 4,180 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Can be sub-divided.
Ste 10
Space Type
Retail
Lease Rate
$11.00/SF/YR
Total Space
2,200 SF
Divisible Space
2,200 - 2,200 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Ste 2
Space Type
Retail
Lease Rate
$14.00/SF/YR
Total Space
1,200 SF
Divisible Space
1,200 - 1,200 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Suite 2 is near the east end-cap, Grand TV and Appliance
Ste 4
Space Type
Retail
Lease Rate
$11.00/SF/YR
Total Space
1,250 SF
Divisible Space
1,250 - 1,250 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Ste 5
Space Type
Strip
Lease Rate
$11.00/SF/YR
Total Space
1,800 SF
Divisible Space
1,800 - 1,800 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Thad DenHartog, SIOR
Mel Foster Commercial Real Estate Services
Location
Located at 2222 E 53RD STREET, Davenport, IA 52807, this property is part of the Davenport neighborhood.
Contact Listing Broker
Thad DenHartog, SIOR
Mel Foster Commercial Real Estate Services
