Description

Rare opportunity to acquire a two-property, multi-tenant retail portfolio at 4855 and 4867 Asbury Road, Dubuque — offered together at $3,701,900 with a 7.5% cap rate and NOI of $277,643. This fully occupied portfolio features a strong, diversified tenant mix anchored by nationally recognized brands Jersey Mike’s Subs, Sally Beauty Supply, Edward Jones, and Sun Tan City, alongside mission-driven nonprofit ImpactLife (formerly Mississippi Valley Regional Blood Center) and established local service businesses including Lavender Rose Intuitive Wellness, Health From Within Chiropractic, Lifestyle Health and Wellness, Zommy Pics, and Frey Beauty Salon. This blend of national-brand credibility, nonprofit stability, and loyal appointment-driven local clientele creates a well-diversified income stream along a strong Dubuque commercial corridor. Ideal for investors seeking a scalable, turnkey portfolio acquisition.

Listing ID #2606351

Commercial Sale

4855 & 4867 Asbury Road
Dubuque, Iowa 52002

$3,700,900
Square Feet17,341
Lot Size1.50 Acre
Country : US
State : IA
County : Dubuque
City : Dubuque
Zipcode : 52002
StatusActive
Virtual Tour: View Tour
Listing Agent
Tiffany Earl Williams-WSG CRE
Skogman Realty Co
Mortgage Calculator
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Features

2606351
17,341 Sqft
Off Street
Frame
Yes
NW Arterial to Asbury Road West to 4867
Additional Details
1.50 Acre
Central Air
Central
Membrane
09-08-2026
1.5

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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