1900 Hamilton Blvd - Drug Store FOR SALE


Sioux City, IA 51104
$5,880,000 USD
248-688-0631
1900 Hamilton Blvd, Sioux City, IA for Sale
$5,880,000 USD
Drug Store - FOR SALE
1/6
null | 7.51% Cap Rate

1900 Hamilton Blvd
Sioux City, IA 51104


HIGHLIGHTS

  • 7+ Years Remaining | Corporate Signed Lease | Drive-Thru Equipped | Well-Known & Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Major Nearby Shopping Centers | Strong Tenant Presence | Top Performing Store | 24-Hour Location | Liquor Store
  • Signalized, Hard Corner Intersection | Centralized Location | Excellent Visibility & Access
  • Direct Residential Consumer Base | Demographics in 5-Mile Trade Area

OVERVIEW

• Walgreens is ideally situated within a dense retail trade area • The site is adjacent to Perry Creek Plaza (113K+ SF) and is near The Marketplace Community Center (396K+ SF) • The surrounding national tenants include Hy-Vee, AutoZone, Petco, McDonald’s, Popeyes, Save-a-Lot, The Home Depot, and others • The dense trade area increases consumer draw to the area, promotes crossover store exposure, and contributes to the local economy • The subject is the most visited Walgreens location in a 50-mile radius and ranks in the 98th and 96th percentiles within the state and nationally, respectively (per Placer.ai - May 2025 - April 2026) • The property is open 24/7 and sells alcohol, making this a convenient one-stop shop to accommodate customers’ daily needs

FOR SALE DETAILS

PRICE

$5,880,000 USD

PRICE/SF

$396 USD /SF

CAP RATE

7.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

2.34 AC

LAND SF

101,930 SF

ZONING

BC-C

APN/PARCEL ID

894720404018

ASK ABOUT THIS PROPERTY

Frank RogersSRS Real Estate PartnersMore Info
248-688-0631

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Frank RogersSRS Real Estate PartnersMore Info
248-688-0631

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.