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31605270
31605272

3311 Daniels Ln, South Sioux City, NE 68776

CB
NE 20060202, IA B43451000 (+1)
NAI United
LJ
IA S72691000
NAI United
Listed by NAI United
$1,999,999
1118 days on market
Updated 52 days ago

3309 and 3311 Daniels Lane

Details
APN 220153388
Property Type Office
Sub Type Executive Office
Square Footage 17,954
Units 2
Cap Rate 7.53%
NOI $150,475
Occupancy 100%
Tenancy Single
Lease Type NNN
Class A
Year Built 2010
Buildings 1
Stories 1
Acreage 3.750
Zoning Commercial
Parking Spaces 52 spaces
Parking Per SqFt 2.90
Investment Type Core

100% leased Class A office building for sale

Marketing description

100% leased Class A office building for sale. Reliable tenants with long term leases in place: Lighthouse Autism with 47 midwestern locations has executed a 7,812 SF lease through 2032, with two additional five-year renewal terms. Northeast NE Community Action Partnership with 13 locations, serving 15 counties, has executed a 10,142 SF lease through 2030, with two additional five-year renewal terms.

Sitting on approximately 3.75 acres, the building includes two suites totaling 17,954 SF. Each suite features ample office space, conference rooms, men’s/women’s restrooms along with kitchens/breakrooms. The property also offers many entrances and exits, along with 163 parking spaces, in front and rear.

Located with easy access to Hwy 77 and I-129, the building is situated just west of Gerkin Windows headquarters and a few blocks from Great West Casualty. Completed in two phases in 2003 and 2010, you will find the city spared no expense in construction, including a solid LiteForm foundation and an efficient geothermal steam HVAC system for the entire building. A new roof has been completed within the last 7 years.

Listing Contacts

CB
NE 20060202, IA B43451000 (+1)
NAI United
LJ
IA S72691000
NAI United
Listed by NAI United

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,475.00
$12,539.58/mo

Valuation Metrics

0
DSCR
7.52%
Cap Rate
7.52%
ROI

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Additional Information

Name
Chris Bogenrief, SIOR, CCIM, MBA
License
20060202
Brokerage
NAI United
Title
President
Brokerage Address
400 Gold Circle
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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