Basics
- Date added: Added 4 days ago
- Price per sqft: $184.10
- Category: Commercial
- Status: Active
- Lot size: 11950 sq ft
- Year built: 2001
- MLS ID: 828194
Description
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Description:
For Sale: Approximately 11,946 sf, fully occupied, two-tenant building located on a major commercial thoroughfare in Sioux City, Iowa. The front 4,100 sf retail space has been occupied by a golf shop since 2018. Its 5-year lease renewal was exercised in 2023. The rear Approximately 7,857 office space has been leased to the Government Services Administration (GSA) since 2019 on a 15-year lease (7 years firm). Both leases are modified gross leases which together will deliver the investor a cap rate of 6.2% based on the list price, a great investment opportunity!
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Location
Building Details
- Basement: No