1190 Roosevelt St Ext, Dubuque, IA 52001-1464

This exceptional investment opportunity presents a 27,070-square-foot free-standing industrial warehouse situated on a 1.87-acre lot in Dubuque, Iowa's Kerper Industrial Park. The property boasts a fully executed 10-year single-tenant lease, commencing May 1, 2024, and expiring April 30, 2034, ensuring consistent income. Strategically located with convenient access to US Highway 61, this Class B building offers a prime tri-state location. Recent upgrades include new exterior steel siding and steel man doors, complementing the fully paved lot. The warehouse features multiple drive-through bays with automatic door openers, an elevated cross-dock, and 21 dock-high doors. High ceilings (18 feet) accommodate various operational needs, supported by 3-phase/800A electric service and floor drains. Included are industrial air compressors, two 1-ton jib cranes, and one 2-ton overhead bridge crane. The building also includes ample office space, divided into lower and upper levels. The lower level comprises an entry/reception area, five offices, a restroom/locker room, and a utility closet. The upper level offers an office, two large conference rooms, and a break room with additional restrooms. Significant recent interior improvements enhance the property's functionality and appeal. The property is zoned for heavy industrial use and includes 20 parking spaces. This is a turnkey investment opportunity with strong lease terms and a desirable location. The building was constructed in 1979 and is a single-unit property. The APN is 1118251016.