1500 Hamilton Blvd - Fast Food FOR SALE


Sioux City, IA 51103
$2,667,000 USD
425-829-9091
1500 Hamilton Blvd, Sioux City, IA for Sale
$2,667,000 USD
Fast Food - FOR SALE
1/3
null | 6% Cap Rate

1500 Hamilton Blvd
Sioux City, IA 51103


HIGHLIGHTS

  • 2025 Interior/Exterior Remodel to Newest KFC Image
  • New 15 Year Absolute NNN Lease commences at the Close of Escrow
  • 135+ Store Lease Guarantee - Tenant is recent KFC Franchisee of the Year
  • High Volume Sales Location

OVERVIEW

The subject property is located at 1500 Hamilton Boulevard in Sioux City IA which is 95 miles north of Omaha NE. This investment is a new Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation and the 2023 KFC Franchisee of the Year. The Subject Property Lease is guaranteed by 135+ Stores. The Lease provides for long term stability with 8% increases every 5 years and there are (4) 5 Year Renewal Options after the primary 15-year lease term. Due to the high sales location, the KFC was remodeled in 2024/2025 to the newest KFC Image.

FOR SALE DETAILS

PRICE

$2,667,000 USD

PRICE/SF

$866 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

C

APN/PARCEL ID

894720459010

ASK ABOUT THIS PROPERTY

Aaron HinesMarcus & MillichapMore Info
425-829-9091

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Aaron HinesMarcus & MillichapMore Info
425-829-9091

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