1190 Roosevelt St Dubuque, IA 52001

Property Details for 1190 Roosevelt St

Year built

1979

Lot size

1.87 lot acres

Property size

27,070 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 27,070 square foot free-standing Varco Pruden steel building situated on a 1.87-acre lot within Dubuque, Iowa's Kerper Industrial Park. Benefitting from a prime tri-state location with convenient access to US Highway 61, this property boasts a fully executed 10-year single-tenant lease commencing May 1, 2024, and expiring April 30, 2034, ensuring consistent rental income. Recent upgrades include new exterior steel siding and new steel man doors, enhancing both aesthetics and functionality. The fully paved lot provides ample space, complemented by multiple drive-through high-ceiling bays featuring automatic door openers. An elevated cross-dock facilitates efficient loading and unloading. The building is equipped with robust 3-phase/800A electric service, floor drains, and industrial air compressors. Significant material handling capabilities are provided by two 1-ton jib cranes and one 2-ton overhead bridge crane. The well-appointed office space is divided into lower and upper levels. The lower level comprises an entry/reception area, five individual offices, a restroom/locker room, and a utility closet. The upper level offers an additional office, two spacious conference rooms, and a break room with separate men's and women's restrooms. Numerous recent interior improvements further enhance the property's appeal and functionality, making this a truly compelling investment prospect. The asking price is $1,400,000.

Location Insight

City

Dubuque

County

Dubuque

State

Iowa

Longitude

-90.6624

Latitude

42.5432