Digital Dr Dubuque, IA 52003

This property consists of commercial lots zoned as Planned Industrial, suitable for various uses as defined in the Zoning Ordinance. The land, totaling 4.34 acres, features a level to rolling topography and boasts frontage on Highway 52/61/151. It is available for purchase at $520,800, or a long-term lease with a minimum annual rent of $62,496, subject to an annual Cost of Living (COL) adjustment, for a maximum lease term of 25 years. Prospective bidders are responsible for conducting all necessary surveys, testing, inspections, and investigations of the property to ensure thorough due diligence. The property is sold AS IS WHERE IS WITH ALL FAULTS, without any representations made by the City of Dubuque or the Listing Broker. Proposals should include the proposed purchase price or first-year rent, a description of the proposed use or reuse of the property, a redevelopment budget, the names, addresses, background, qualifications, experience, and expertise of the bidder's development team with similarly sized developments, the name, address, and telephone number of a contact person for the bidder, and an explanation of the bidder's history of completing and maintaining projects, including a minimum of two project references. All proposals will be reviewed by City staff before a recommendation is made to the Dubuque City Council. Four copies of all submissions and purchase agreements should be submitted through the Listing Broker to the City of Dubuque Economic Development Department. Information on possible City incentives is available at https://www.cityofdubuque.org/2802/Programs-Incentives.