4949 Chavenelle DR, Dubuque, IA 52002
4949 Chavenelle DR, Dubuque, IA 52002
4949 Chavenelle DR, Dubuque, IA 52002
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$5,443,655
Est. payment /mo
70,220 SqFt
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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

Katherine Bitter

+1(563) 580-0234

Broker Associate | License ID: B39541000

Broker Associate License ID: B39541000

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