Digital Drive, Dubuque, IA 52003

This planned industrial zoned property features a level to rolling terrain and frontage on Highway 52/61/151. The property is available for purchase at $301,200, or a long-term lease is offered at a minimum of $36,144 per year, with an annual Cost of Living (COL) adjustment and a maximum lease term of 25 years. Prospective bidders are responsible for all surveys, testing, inspections, or investigations of the property, as well as other due diligence requirements. The property is sold AS IS, and no representations are made by the City of Listing Broker. Proposals should include the proposed purchase price or first-year rent, a description of the proposed use/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, and a recommendation may be made to the Dubuque City Council. Four copies of all proposals and the purchase agreement should be submitted through the Listing Broker to the City of Dubuque Economic Development Department.