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    FOR LEASE
    Medical Office Space

    1301 Central Ave, Dubuque, IA 52001

    60,000 SF 1.04 ac lot
    Property ID
    US25-0321310
    Property summary
    AI-generated overview

    This iconic, three-story, 60,000-square-foot Class A office building, located at 1301 Central Avenue in Dubuque, Iowa, presents a unique owner/user opportunity. Listed on the National Register of Historic Places, the property underwent a high-standard rehabilitation in 2002-2004. Features include extensive IT/networking infrastructure with a redundant data center and advanced cooling and security systems. The building boasts floor-to-ceiling windows, executive offices, and flexible cube space. Each of the three floors offers approximately 15,000 square feet of usable space, including a lower level with a unique breakroom featuring a kitchen and seating area. Ample parking is available with a building-owned surface lot providing 56 spaces, supplemented by numerous nearby public and private options. The prime location in Dubuque's Farmer's Market District places the building next to City Hall and within minutes of restaurants, coffee shops, theaters, entertainment venues, and a library. The property is zoned C-4 and sits on a 1.04-acre lot (APN: 1024412011). The asking price is $1,800,000 ($30/sq ft). The building is currently vacant; furniture shown in any marketing materials has been removed. Occupancy is available immediately.

    Property profile
    Verified
    Property type Medical Office Space
    Total area 60,000 SF
    Lot 1.04 ac (45,302 SF)
    APN 1024412011
    UPID US25-0321310
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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