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4855 & 4867 Asbury Road

Dubuque, IA 52002
  • $3,700,900
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 2606351
UPDATED: 50 min ago
$3,700,900
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,341
    SQFT
  • $213
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1997
County:

School Ratings & Info

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.

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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-10-16T09:42:39.803.
www.realtybrotherscr.com/homes/181029629
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4855 & 4867 Asbury Road Dubuque, IA 52002

  • Price: $3,700,900
  • Status: Active
  • On Site: 36 Days
  • Updated: 50 min ago
  • MLS #: 2606351
0
Beds
0
Baths
0
½ Baths
1.5
Acres
17,341
SQFT
$213
$/SQFT
1997
Built
Neighborhood:
OT-E (East Of I-380)
County:
Dubuque
Area:
OT-E (East Of I-380)
Property 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.
Exterior Features

Construction Materials Frame Parking Features Off Street Roof Membrane

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Heating YN Yes Levels One

Property Features

Association YN No Building Features Multi- Tenant Pole Sign Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash Possession Close Of Escrow Property Sub Type Investment Property Sub Type Additional Investment Sewer Public Sewer Tax Annual Amount 72856 Utilities Electricity Available Natural Gas Available Water Source Public Zoning C Zoning Description C

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Tiffany Earl Williams-Wsg Cre of Skogman Realty Co: 319-363-8286.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-10-16T09:42:39.803.
 
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5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411