4855 & 4867 Asbury Road, Dubuque, IA 52002
MLS Number: 2606351 |
Subtype: Commercial | Area: OT-E (East of I-380)
$
3,700,900
Rare opportunity to acquire a two-property, multi-tenant retail portfolio at 4855 and 4867 Asbury Road, Dubuque — offered together at $3,701,900 with a 7.5% cap rate and NOI of $277,643. This fully occupied portfolio features a strong, diversified tenant mix anchored by nationally recognized brands Jersey Mike's Subs, Sally Beauty Supply, Edward Jones, and Sun Tan City, alongside mission-driven nonprofit ImpactLife (formerly Mississippi Valley Regional Blood Center) and established local service businesses including Lavender Rose Intuitive Wellness, Health From Within Chiropractic, Lifestyle Health and Wellness, Zommy Pics, and Frey Beauty Salon. This blend of national-brand credibility, nonprofit stability, and loyal appointment-driven local clientele creates a well-diversified income stream along a strong Dubuque commercial corridor. Ideal for investors seeking a scalable, turnkey portfolio acquisition.
Property
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County: Dubuque
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Lot Size: 1.5
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Acres: 1.5000
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Year Built: 1997
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Zoning: C
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Gross tax: $72,856.00
Building
Total Building SF: 17,341
Ceiling Height: 7ft-10ft
Utilities
Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Central Air
Water Source: City Water
Sewer: City Sewer
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