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302 Jones St - United Center, Suite 210 5,069 SF Office Condo Unit Offered at $875,000 in Sioux City, IA 51101
EXECUTIVE SUMMARY
NNN corporately leased Class A office condo investment listed at a 7.5% cap rate. The space is 100% leased by Robert W. Baird & Co. who recently extended for five years. Baird has occupied the space since the building was completely renovated in 2011. The sale includes 5 underground parking spaces and more spaces can be purchased. This 2nd floor office condo sits atop the beautiful open staircase made of 117-year old Douglas Fir timbers in the historic United Center. United Center sits next to the Sioux City Convention Center, Marriott Courtyard and movie theater in the Historic 4th Street Entertainment District. Financials are available upon receipt of a signed NDA.
PROPERTY FACTS
| Total Building Size | 90,000 SF | Year Built | 1906 |
| Property Type | Office (Condo) | Lot Size | 2.23 AC |
| Building Class | A | Parking Ratio | 1.51/1,000 SF |
| Floors | 6 | Opportunity Zone |
Yes
|
| Typical Floor Size | 15,000 SF | ||
| Zoning | Commercial | ||
| Total Building Size | 90,000 SF |
| Property Type | Office (Condo) |
| Building Class | A |
| Floors | 6 |
| Typical Floor Size | 15,000 SF |
| Year Built | 1906 |
| Lot Size | 2.23 AC |
| Parking Ratio | 1.51/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
1 UNIT AVAILABLE
Unit 210
| Unit Size | 5,069 SF | Condo Use | Office |
| Price | $875,000 | Sale Type | Investment |
| Price Per SF | $172.62 |
| Unit Size | 5,069 SF |
| Price | $875,000 |
| Price Per SF | $172.62 |
| Condo Use | Office |
| Sale Type | Investment |
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302 Jones St - United Center, Suite 210
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