3301 Singing Hills Blvd - Freestanding FOR SALE


Sioux City, IA 51106
$2,000,000 USD
712-333-1111
3301 Singing Hills Blvd, Sioux City, IA for Sale
$2,000,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

3301 Singing Hills Blvd
Sioux City, IA 51106


HIGHLIGHTS

  • Long-term lease with the U.S. Government provides exceptional credit quality and income security
  • Fully occupied with established tenants and remaining lease term in place, no near-term vacancy risk
  • Retail tenant exercised a 5-year renewal in 2023, underscoring location strength and tenant satisfaction
  • Simplified lease structure reduces expense volatility and enhances net operating predictability
  • Combination of retail and government office tenancy reduces reliance on a single market segment
  • Situated on a major Sioux City thoroughfare, supporting long-term tenant viability and future leasing demand

OVERVIEW

This ±11,946 SF, fully leased, two-tenant commercial building is strategically positioned along a major commercial thoroughfare in Sioux City, Iowa, offering excellent visibility and accessibility. The property provides a strong blend of retail and office tenancy, delivering both diversification and stability for investors. The front ±4,100 SF retail suite has been successfully occupied by a well-established golf specialty retailer since 2018. Demonstrating long-term commitment to the location, the tenant exercised its 5-year lease renewal in 2023, reinforcing income durability. The rear ±7,857 SF office space is leased to the U.S. Government Services Administration (GSA), a premier credit tenant, under a 15-year lease commenced in 2019, with 7 years firm. Both leases are structured as modified gross, offering operational simplicity and predictable cash flow. With stable tenancy, strong lease terms, and a high-traffic location, this asset represents a low-risk, income-oriented investment opportunity ideally suited for both private and institutional buyers.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Rex Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C

APN/PARCEL ID

884718155001

ASK ABOUT THIS PROPERTY

Amy KakacekLPT RealtyMore Info
712-333-1111

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Amy KakacekLPT RealtyMore Info
712-333-1111

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