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Downtown Office or Retail Space
For Lease
$12 SF/Yr

401 Locust St, Dubuque, IA 52001

Main-level suite with three private offices and open area, plus access to a full unfinished basement.

Space SizeContact for details
Days on Market41

Property Features for 401 Locust St

General Information

Standard status Active

Building Details

Year Built 1890
Listing Agency: Equity Real Estate Group LLC
Listed By: Team Dolter .
Source: Kwlegacyrealty
Added: Jul 21 Changed: Aug 21 Last Checked: Aug 29 at 11:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Real Estate Group LLC

Investment Insights

Based on property information with market context.

Available for lease is a main-level office or retail space in downtown. The layout includes three private offices and an open area that could be configured for office or retail use. The space also includes use of a full unfinished basement.

The property is located in the heart of downtown and is described as being directly across from Five Flags, with visibility.

The space is currently configured to support multiple uses, with private office rooms and an adaptable open area, along with supplemental basement storage/work space provided by the unfinished level.

Key Highlights

  • 3960 SF main‑level office/retail space with use of a full unfinished basement
  • Includes 3 private offices plus an open area that could be used as offices or retail
  • Previously occupied by a nationwide cell carrier

Property Analytics

Current Use

UScellular Mobile Phone Store UScellular Authorized Agent ... Mobile Phone Store

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Garden Center Butcher Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,759
Businesses Nearby

Demographics for 52001, IA

43,572
Population
20,102
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
26.1 sq mi
ZIP Area
1,669
Density / Sq Mi
$60,882
Median Household Income
$35,571
Median Earnings
$916
Median Rent
$168,900
Median Home Value

Market

Lease Benchmarks for Dubuque, IA

$23.42 /SF/Yr
Avg Asking Price
$7–$225 /SF/Yr
Price Range
4,408 SF
Avg Space Size

This space is priced 49% below the average of $23.42 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Main-level suite with three private offices and open area, plus access to a full unfinished basement.
Where is this office units located?
The property is located at 401 Locust St Dubuque, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 3960 SF main‑level office/retail space with use of a full unfinished basement; Includes 3 private offices plus an open area that could be used as offices or retail; Previously occupied by a nationwide cell carrier
More about this property
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