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Key Facts

Type Commercial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $24,136
Days Active 1
Approx. Age 
MLS® Number QC4264976

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Outstanding national tenant investment opportunity with Famous Dave’s BBQ as the single tenant since 2002, demonstrating over 23 years of occupancy and success at this prime Davenport location. Famous Dave’s is open and fully operational; this is an investment sale only, and the tenant is not closing. They recently signed a new 5-year lease extension effective May 1, 2025, with two additional 5-year renewal options—showcasing their strong commitment to the property and long-term operational success. The property has undergone recent renovations, further enhancing its appeal and functionality. This is a full net lease investment, with the tenant responsible for all expenses, offered at a 10% capitalization rate. Situated along the highly traveled Kimberly Road corridor with excellent visibility and ample parking, this property is ideal for investors seeking a stable, long-term income stream from a proven national tenant.Show Description
MLS® NumberQC4264976
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CCentral Air
Heating Fuel

Extras

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