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4830 Sergeant Road
Sioux City, IA 51106
Asking Price
Contact for price
Cap Rate
7%
Asset Type
Storefront Retail
Class
Class B
What's Special
Gunderson Jewelry HQ 20 Year Sale Lease Back <p><span style="color: rgba(0, 0, 0, 1)">-Brand new 20-year NNN lease with zero landlord responsibilities</span></p><p><span style="color: rgba(0, 0, 0, 1)">-Prime Location - Located in the Lakeport Commons Shopping Area that has </span><strong style="color: rgba(0, 0, 0, 1)"><u>over 3m annual visits and is #2 Community Shopping Center in Iowa</u></strong><span style="color: rgba(0, 0, 0, 1)">. </span></p><p><span style="color: rgba(0, 0, 0, 1)">-Strong operator with 5 locations and long tenure
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
