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Sale Price
$3,690,000
Price / SF
$328.58
Gross Building Area (GBA)
11,230 SF +/-
Net Rentable Size (RSF)
10,960 SF +/-
Location Highlights
Lloyd Real Estate is pleased to present an exceptional opportunity to acquire a prime investment property at Lakeport Commons, Sioux City’s premier shopping center. Lakeport Commons has drawn 5.4 million visits over the past year from across the MSA. The property offers excellent accessibility via Highway 75, which connects directly to I-29 and serves as a key route through North Sioux City, South Sioux City, Sioux City, Sergeant Bluff, and Dakota Dunes. Sioux City’s tourism economy boasts an impressive visitor spend impact of $271.4 million.
Description
- Retail strip is fully leased to five established tenants, including Kay Jewelers, R Smoke Plus, The UPS Store, Firehouse Subs, and Men’s Wearhouse
- 100% Occupied, 5-Tenant Regional Power Center Shadowed Retail Center in Sioux City, IA
- #1 Shopping Center in Sioux City; #8 Shopping Center in Iowa
- Supportive Area Demographics: 28,217 population & $105k AHHI in a 3-mile radius
- Top Tier National Rankings for multiple development retailers including Buffalo Wild Wings, Panera Bread, Starbucks, Men’s Warehouse, and Kohl’s
- Lakeport Commons is home to 45+ retailers
- $105,560.96 (2023 Taxes payable in 2024)
- Built in 2007
- 80 surface parking stalls
Usage
