Davenport, Iowa, is a prime location for retail businesses, with a strong presence of industries, educational institutions, and attractions that draw in a diverse crowd. With a population of around 101,724 people, Davenport offers a unique blend of small-town charm and big-city amenities, making it an ideal spot for retail spaces for lease. The city's infrastructure, including electricity provided by MidAmerican Energy Company and water supplied by the Mississippi River, ensures a reliable and efficient environment for businesses to thrive. Additionally, Davenport's transportation facilities, including three interstate highways and two major US highways, provide easy access to the city, making it an attractive location for retailers. The city's vibrant arts scene, featuring events like the Bix Fest and the Great Mississippi Valley Fair, and institutions like the Figge Art Museum and the Quad City Symphony Orchestra, also contribute to its appeal.
With 11 retail spaces for lease available in Davenport, businesses can find the perfect location to suit their needs. The average annual rent per square foot is $16 USD, with spaces ranging from 735 square feet to 30,000 square feet. In addition to retail spaces, Davenport also offers a range of other property types, including restaurants, medical offices, and office spaces. Restaurants can thrive in Davenport's vibrant downtown area, surrounded by attractions like the Figge Art Museum and the River Music Experience. Medical offices can take advantage of the city's strong healthcare industry, with major employers like Genesis Health System and Trinity Regional Health System. Office spaces can benefit from the city's diverse economy, with major corporations like John Deere and Hy-Vee headquartered in Davenport. Overall, Davenport offers a unique and attractive environment for businesses of all types.
What is the average cost per square foot for retail space in Davenport?
The average cost per square foot for retail space in Davenport is $16 USD per square foot, with an average size of 3,977 square feet and a maximum space size of 30,000 square feet available among the 11 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as department stores or grocery stores, can have a significant impact on surrounding retail space leases in Davenport, Iowa, as they attract a high volume of foot traffic and can increase the desirability of nearby retail spaces, leading to higher lease rates and lower vacancy rates, with currently 11 available listings of retail space for lease in Davenport, averaging $16 USD per square foot and ranging in size from 3,977 square feet to 30,000 square feet.
