2255 John F Kennedy RdDubuque, IA 52002

  • Strip malls
  • 54,260 SF
For Lease
$5/SF/YR View listing

Property Details for 2255 John F Kennedy Rd

Year built
1970
Lot size
4.25 AC
Property size (Sq ft)
54,260 SF
Zone code
CI
Property type
Strip malls
Property subtype
Neighborhood centers
APN
10-21-229-015
APU
1021229015

Description

Asbury Square, located at 2255 John F Kennedy Rd, Dubuque, IA 52002, offers a unique opportunity to lease retail, office, and industrial space within an established neighborhood center. This multi-tenant property boasts high traffic counts due to its prime location and visibility. The property benefits from prominent monument signage, enhancing the visibility of tenant businesses. This presents a significant advantage for businesses seeking high foot traffic and brand recognition. The center enjoys a strong tenant mix, with established businesses such as Walgreens, Subway, Natural Grocers, Fareway Meat & Grocery, and Panera Bread already in place, creating a vibrant and successful commercial environment. The available space is ideal for a variety of businesses seeking a well-located and established commercial setting in Dubuque, Iowa. The property's location provides easy access for customers and employees, with ample parking and visibility from a major roadway. Interested parties are encouraged to inquire about available space sizes and lease terms to determine the best fit for their business needs. This is a rare opportunity to secure space in a thriving neighborhood center with a proven track record of success. Contact us today to learn more about this exceptional commercial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,402,012
    6.5%
    $13,294,165
    7%
    $12,344,582
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,881,793
    Geo Method
    $17,809,760
  • Alternative Use

    Use
    Valuation
    Residential
    $11,214,126
    Hospitality
    $10,272,079
    Educational
    $8,546,249
    Medical
    $8,840,167
    Retail
    $13,294,165

Location Insight

City
Dubuque
County
Dubuque
State
Iowa
Latitude
42.5113
Longitude
-90.7214
CBSA code
20220
CBSA name
DUBUQUE, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$137,184
$1,822,500
$3,310,300
$5,132,800
-
$1,822,500
$3,310,300
$5,132,800

FAQs

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