10 Main St - Storefront FOR SALE


Dubuque, IA 52001
$2,840,000 USD
612-432-9935
10 Main St, Dubuque, IA for Sale
$2,840,000 USD
Storefront - FOR SALE
1/5
null | 7.5% Cap Rate

10 Main St
Dubuque, IA 52001


HIGHLIGHTS

  • This property includes an open fuel contract, providing a buyer with a rare opportunity to negotiate a new agreement.
  • This asset is eligible for bonus depreciation, offering significant tax benefits to investors.
  • Arby’s performs significantly above the national average in store sales. Major upside through percentage sales for the landlord.
  • Arby’s has ~13 years remaining on the lease, which is guaranteed by DRM, Inc., a 119-unit franchisee.
  • Dubuque is adjacent to the Mississippi River and shares the borders of Wisconsin and Illinois.
  • Located near Diamond Jo Casino, Port of Dubuque Marina, and Grand River Convention, as well as other retailers such as Hy-Vee, McDonald's,etc

OVERVIEW

We are pleased to exclusively offer for sale the Arby's and Dubuque Discount Gas Station leased asset located at 10 Main Street in Dubuque, IA. This offering presents a rare opportunity to acquire a high- visibility asset that is strategically positioned at the intersection of Hwy 61 and 151. The property features an extremely strong performing Arby's, creating a synergistic retail environment that drives consistent foot and vehicle traffic. In Association with Scott Reid & ParaSell, Inc. | Costa Mesa, California | A Licensed Iowa Broker #F06134000 | Licensed in AL, AR, AZ, CA, CO, CT, DC, FL, GA, ID, IL, IA, IN, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

FOR SALE DETAILS

PRICE

$2,840,000 USD

PRICE/SF

$550 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arby's & Owner-User Gas Station - Dubuque, IA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

CI

APN/PARCEL ID

10-25-429-014,10-25-435-002

ASK ABOUT THIS PROPERTY

Evan BeesonSands Investment GroupMore Info
612-432-9935

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Evan BeesonSands Investment GroupMore Info
612-432-9935

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.