5230 Sergeant Rd
Sioux City, IA 51106
Golden Corral Absolute NNN Lease · Retail Property For Sale

This is a rare Golden Corral fee simple absolute net leased offering lease in Sioux City, IA. There are 13 years remaining on the 15 year lease, with scheduled 10% rental increases every five years and two 5 year options to renew. The asset is well situated at a major commerical thoroughfare with high traffic counts and high income demographics, and is surrounded by major retailers including Target, Lowe’s and two major shopping centers: Lakeport Commons and Southern Hills Mall. Sioux City is a city in Woodbury and Plymouth counties in the northwestern part of the state of Iowa. The population was 82,684 in the 2010 census, which makes it the fourth largest city in Iowa. The bulk of the city is in Woodbury County, of which it is the county seat, though a small portion is in Plymouth County. Sioux City is located at the navigational head of the Missouri River. Often the city and surrounding area is referred to as Siouxland, especially by the local media and residents. The city is home to several cultural points of interest including the Sioux City Public Museum, Sioux City Art Center and Sergeant Floyd Monument, which is a National Historical Landmark. The city is also home to Chris Larsen Park, commonly referred to as “the Riverfront,” which is the launching point for a riverboat casino and includes the Anderson Dance Pavilion, Sergeant Floyd Riverboat Museum and Lewis and Clark Interpretive Center.