Digital Drive, Dubuque, IA 52003

This 2.51-acre property is zoned Planned Industrial, as detailed in the Zoning Ordinance. The land is level to rolling and has frontage on Highway 52/61/151. The purchase price is $301,200, and a long-term lease is available for a minimum of $36,144 per year, with an annual Cost of Living (COL) adjustment, for a maximum 25-year lease. The bidder is responsible for all surveys, testing, inspections, or investigations of the property and other due diligence in bidding. The property is sold AS IS WHERE IS WITH ALL FAULTS, with no 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/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 for a recommendation 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. City incentives may be available.