Listed by Access Commercial LLC
$14,100,000
Southern Square Shopping Center
Details
Property Type Retail, Land
Sub Type Commercial
Square Footage 106,795
Cap Rate 8.00%
NOI $568,859
Lease Type NNN
Acreage 12.140
Investment Type Value Add
Retail | 8.00% CAP | 106,795 SqFt
Marketing description
Southern Square Shopping Center presents a compelling value-add retail investment opportunity in one of Sioux City’s most established commercial corridors. Strategically positioned within the Southern Hills retail district, the property benefits from strong area co-tenancy, consistent consumer traffic, and proximity to national anchors and daily-needs retailers.
The center has 8,827 SF space available; creating immediate upside for an investor.
Rather than inheriting a fully stabilized asset at a compressed yield, a buyer has the
opportunity to:
- Increase NOI through lease-up, capturing today’s market rents
- Enhance overall center synergy by curating complementary tenants
- Improve long-term asset value through stabilization
- Potentially reposition or modernize the vacant space to attract higher-credit tenancy
The vacancies provide built-in growth potential while maintaining in-place income from existing tenants. This structure allows for both cash flow stability and strategic upside — an attractive balance for investors seeking yield growth in a proven retail trade area.
Southern Square offers visibility, accessibility, and flexibility — positioning a buyer to acquire at today’s basis and unlock value through thoughtful lease-up execution
Southern Square Shopping Center presents a compelling value-add retail investment
opportunity in one of Sioux City’s most established commercial corridors. Strategically
positioned within the Southern Hills retail district, the property benefits from strong
area co-tenancy, consistent consumer traffic, and proximity to national anchors and
daily-needs retailers.
The center has 8,827 SF space available; creating immediate upside for an investor.
Rather than inheriting a fully stabilized asset at a compressed yield, a buyer has the
opportunity to:
- Increase NOI through lease-up, capturing today’s market rents
- Enhance overall center synergy by curating complementary tenants
- Improve long-term asset value through stabilization
- Potentially reposition or modernize the vacant space to attract higher-credit tenancy
The vacancies provide built-in growth potential while maintaining in-place income from
existing tenants. This structure allows for both cash flow stability and strategic upside
— an attractive balance for investors seeking yield growth in a proven retail trade area.
Southern Square offers visibility, accessibility, and flexibility — positioning a buyer to
acquire at today’s basis and unlock value through thoughtful lease-up execution
Investment highlights
- Cap Rate: 8%
- SF: 106,795 SF
- Land Area: 12.14 Acres
- Lease Type: NNN
- Small Shoppes - Budgeted 2026 NOI: $568,859
- Anchor Space: Long term lease in place but available for owner/operator
Listing Contacts
Listed by Access Commercial LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$568,859.00
$47,404.92/mo
Valuation Metrics
0
DSCR
4.03%
Cap Rate
4.03%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?















