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919 Gordon Dr

3,322 SF Retail Building Sioux City, IA 51102 $4,435,793 CAD ($1,335.28 CAD/SF) 5.50% Cap Rate

Retail Space Iowa Sioux City 919 Gordon Dr, Sioux City, IA 51102

EXECUTIVE SUMMARY

CBRE is pleased to present an exclusive listing for the Arby’s located at 919 Gordon Drive in Sioux City, Iowa. The site consists of 3,322 total square feet of building space and sits on 0.85 acres of land. The site will be subject to a 20-year sale-leaseback with AES Restaurants. Starting in year one, the base rent shall be $169,908. The lease will call for 10% rental escalations every five years during the base term and throughout each, five-year period.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,322 SF
Building Class
C
Year Built
1988
Price
$4,435,793 CAD
Price Per SF
$1,335.28 CAD
Cap Rate
5.50%
NOI
$243,969 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.82 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial

LINKS

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NEARBY MAJOR RETAILERS

Scooter's Coffeehouse
IHOP
Bar Louie
Famous Dave's
Perkins
Chili's Grill & Bar
U.S. Bank
Ymca
CrossFit

PROPERTY TAXES

Parcel Numbers
Multiple
  • 894733202007
  • 894733202008
 Improvements Assessment $844,770 CAD
Land Assessment $672,589 CAD Total Assessment $1,517,360 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 894733202007
  • 894733202008
Land Assessment
$672,589 CAD
Improvements Assessment
$844,770 CAD
Total Assessment
$1,517,360 CAD
(631) 903-7137

CONTACT

  • Listing ID: 32194761

  • Date on Market: 2024-06-20

  • Last Updated:

  • Address: 919 Gordon Dr, Sioux City, IA 51102

The Retail Property at 919 Gordon Dr, Sioux City, IA 51102 is currently available for sale. Contact CBRE for more information.

NEARBY LISTINGS

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919 Gordon Dr
(631) 903-7137 x

919 Gordon Dr

Andrew Jaworski

(631) 903-7137

(631) 903-7137

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