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Former Rex Building 3301 Singing Hills Blvd 11,946 SF Retail Building Sioux City, IA 51106 $2,000,000 ($167.42/SF)
INVESTMENT HIGHLIGHTS
- Fully Occupied Investment
- Retail Tenant Since 2018
- Long-Term Government Tenant
EXECUTIVE SUMMARY
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 great investment opportunity!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,946 SF
Building Class
B
Year Built
2001
Price
$2,000,000
Price Per SF
$167.42
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.14 AC
Zoning
C
Parking
60 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
139’ on Singing Hills Blvd
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 884718155001 | Improvements Assessment | $969,100 |
| Land Assessment | $670,400 | Total Assessment | $1,639,500 |
PROPERTY TAXES
Parcel Number
884718155001
Land Assessment
$670,400
Improvements Assessment
$969,100
Total Assessment
$1,639,500
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LPT Realty
Former Rex Building | 3301 Singing Hills Blvd
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