For Sale: 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!!!!
- Age: 21-30 Years Old
- Architecture Style: Other
- Floors: 1
- Legal Description: SOUTHGATE 4TH LOT 2
- MLSID: 828194