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Tidal Wave Auto Spa 2445-2575 NW Arterial

3,600 SF 100% Leased Retail Building Dubuque, IA 52002 $8,899,881 CAD ($2,472 CAD/SF) 6.55% Cap Rate

Retail Buildings Iowa Dubuque 2445-2575 NW Arterial, Dubuque, IA 52002

Investment Highlights

  • Affluent Suburban Community
  • Strong Academic Presence
  • Strong Retail Corridor

Executive Summary

Bang Realty is pleased to present the exclusive listing for a Tidal Wave Auto Spa located at 2539 NW Arterial Rd, Dubuque, IA. The site consists of roughly 3,600 rentable square feet of building space on an estimated 1.8-acre parcel of land. This Tidal Wave Auto Spa is subject to a 20-year Triple Net (NNN) lease, which commenced 12/28/2022. The current annual rent is $415,000 and has scheduled increases of 2.00% annually starting in year 7.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,600 SF
Building Class
B
Year Built
2022
Price
$8,899,881 CAD
Price Per SF
$2,472 CAD
Cap Rate
6.55%
NOI
$582,942 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Land Acres
1.80 AC
Zoning
C
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2445-2575 NW Arterial, Dubuque, IA - aerial map view

Nearby Major Retailers

Hy-Vee
Starbucks
Orangetheory Fitness
Perkins
Red Robin
Jazzercise
ALDI
Panchero's
Jenny Craig
Buffalo Wild Wings

PROPERTY TAXES

Parcel Number 10-17-476-011 Improvements Assessment $13,392,359 CAD
Land Assessment $2,702,383 CAD Total Assessment $16,094,742 CAD

PROPERTY TAXES

Parcel Number
10-17-476-011
Land Assessment
$2,702,383 CAD
Improvements Assessment
$13,392,359 CAD
Total Assessment
$16,094,742 CAD
(513) 300-0763

  • Listing ID: 33459088

  • Date on Market: 2024-10-09

  • Last Updated:

  • Address: 2445-2575 NW Arterial, Dubuque, IA 52002

The Retail Property at 2445-2575 NW Arterial, Dubuque, IA 52002 is currently available For Sale. Contact Bang Realty for more information.

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2539 NW Arterial Rd - Dubuque, IA - Aerial

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Tidal Wave Auto Spa | 2445-2575 NW Arterial
(513) 300-0763 x

Tidal Wave Auto Spa | 2445-2575 NW Arterial

Brian Brockman

(513) 300-0763

(513) 300-0763

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