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$5,443,655
Est. payment /mo
70,220 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type INDUSTRIAL
Listing Status Active
Purchase Type For Sale
Square Footage 70,220 sqft
Price per Sqft $77
MLS Listing ID 152713
Year Built 1987
Property Sub-Type INDUSTRIAL
Property Description
4949 Chavenelle Road offers investors the opportunity to acquire a fully leased, stabilized industrial asset with durable cash flow and built-in revenue growth. Located within the Dubuque Industrial Park, the property comprises approximately 70,220 square feet on nearly 8 acres and is anchored by a strong tenant roster led by two primary tenants occupying 87% of the facility under long-term lease agreements. The property's annualized Q4 2026 Net Operating Income of $381,056 is supported by stable occupancy and a lease structure designed to provide future income growth. The two primary tenants are committed under long-term leases that include contractual rent escalations, creating a clear path for increasing cash flow and helping to hedge against inflation while enhancing long-term investment returns. The facility is well-equipped for industrial operations, featuring approximately 60,000 square feet of warehouse space, 22-foot clear heights, 13 dock-high loading doors with levelers, one grade-level overhead door, three-phase power, secured outdoor storage, and ample parking. Its strategic location provides convenient access to U.S. Highway 20 and key transportation routes serving Iowa, Illinois, and Wisconsin.
Location
State IA
County Dubuque
Area Dubuque Area
Zoning PI
Interior
Heating Forced Air
Cooling Other
Flooring Concrete
Exterior
Roof Type Steel
Others
Acceptable Financing Cash, Lease
Listing Terms Cash, Lease
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Listed by Equity Real Estate Group LLC
Nearby Locations
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Katherine Bitter
Broker Associate | License ID: B39541000
Broker Associate License ID: B39541000



