Westfield Square I

WSG CRE is pleased to exclusively offer for sale Westfield Square I, an 11,941-square-foot retail center located at 4855 Asbury Road in Dubuque, Iowa. The property is anchored by a strong mix of national and regional tenants, including Jersey Mike's, Sally Beauty, Ray’z Barber Shop, Lavender Rose Intuitive Wellness, Health from Within, Lifestyle Health and Wellness, and Zommy pics, providing stable cash flow and a diverse tenant base. Westfield Square I offers investors a combination of long-term tenancy, service-oriented uses resistant to e-commerce disruption, and excellent positioning in a prominent retail corridor.

Investment highlights

Diversified, Service-Oriented Tenant Mix

Westfield Square I is 100% leased to a mix of restaurant, financial services, beauty, wellness, and personal care tenants. These are needs-based, in-person services that bring customers back regularly and are largely insulated from e-commerce competition.

Strong National and Regional Tenancy

The properties are occupied by notable tenants including Jersey Mike’s and Sally Beauty Supply. These established operators are complemented by locally based wellness and personal service businesses, creating a balanced tenant roster.

Prominent Retail Corridor | Asbury Road & Northwest Arterial

Westfield Square I is positioned along Asbury Road, one of Dubuque's premier retail corridors, adjacent to Asbury Plaza, a regional shopping destination featuring Hy-Vee, Old Navy, Five Below, and other national retailers attracting 6.5 million visits annually (Placer.Ai). The property benefits from exposure to more than 34,000 vehicles per day along Asbury Road and the Northwest Arterial.

Recent Leasing Activity

Westfield Square has experienced strong leasing activity in 2026, with Ray’s Barbershop executing a new 5-year lease.

Flexible Acquisition Opportunity

The properties are available together or separately, allowing investors to acquire the combined 22,741-square-foot offering or each portion of the center individually based on investment size. Together, the properties generate approximately $281,909 in net operating income with a combined weighted average lease term of approximately 4.6 years.