$1,900,000
3301 Singing Hills Boulevard
Details
APN 884718155001
Property Type Retail, Special Purpose
Sub Type Investment, Special Purpose
Square Footage 11,950
Cap Rate 7.00%
Occupancy 100%
Tenancy Multi
Year Built 2001
Stories 1
Acreage 2023.000
Retail | 7.00% CAP | 11,950 SqFt
Marketing description
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!
Investment highlights
- Ceiling Height 7-10'
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