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919 Gordon Dr

3,322 SF Retail Building Sioux City, IA 51102 $3,089,229 ($930/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
$3,089,229
Price Per SF
$930
Cap Rate
5.50%
NOI
$169,908
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 Restaurant & Bakery
Chili's Grill & Bar
U.S. Bank
Ymca
CrossFit

PROPERTY TAXES

Parcel Numbers
Multiple
  • 894733202007
  • 894733202008
 Improvements Assessment $591,700
Land Assessment $471,100 Total Assessment $1,062,800

PROPERTY TAXES

Parcel Numbers
Multiple
  • 894733202007
  • 894733202008
Land Assessment
$471,100
Improvements Assessment
$591,700
Total Assessment
$1,062,800
(631) 903-7137

Contact

  • Listing ID: 32194761

  • Date on Market: 6/20/2024

  • Last Updated:

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

More public record information on 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.

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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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