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1925 S Lakeport St
Sioux City, IA 51106

$3,600,000 USD

General Retail For Sale  •  4,958 SF

Property Details

  • Property Type General Retail
  • Total Building Size 4,940 SF
  • Lot Size 0.79 AC
  • Building Class C
  • Year Built 2011
  • Cap Rate 6.04 %
  • Tenancy Single
30 Transit Score
70 Walk Score

Highlights

Original 20-year lease expires November 11, 2031
Long-term absolute net lease structure provides passive ownership with stable cash flow and no landlord responsibilities
Located along S Lakeport St, a major commercial corridor with strong visibility and convenient access to surrounding retail, residential, & employers
Strong surrounding demographics with more than 82,000 residents within a five-mile radius and average household incomes exceeding $73,000
Qualifies for 100% Bonus Depreciation (check with tax advisor)
Maverik is an industry-leading convenience store chain with 840+ locations in 21 states

Property Flyers

Cap Rate: 6.04 %

Green Rating

LEED Certified
Tyler Dingel 515-865-2985 CBRE
Tyler Dingel 515-865-2985 CBRE