919 Gordon Dr - Fast Food FOR SALE


Sioux City, IA 51102
$3,089,229 USD
631-903-7137
919 Gordon Dr, Sioux City, IA for Sale
$3,089,229 USD
Fast Food - FOR SALE
1/2
null | 5.5% Cap Rate

919 Gordon Dr
Sioux City, IA 51102


OVERVIEW

CBRE is pleased to present an exclusive listing for the Arby’s located at 919 Gordon Drive in Sioux City, Iowa. The site consists of 3,322 total square feet of building space and sits on 0.85 acres of land. The site will be subject to a 20-year sale-leaseback with AES Restaurants. Starting in year one, the base rent shall be $169,908. The lease will call for 10% rental escalations every five years during the base term and throughout each, five-year period.

FOR SALE DETAILS

PRICE

$3,089,229 USD

PRICE/SF

$930 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

Commercial

APN/PARCEL ID

894733202007,894733202008

ASK ABOUT THIS PROPERTY

631-903-7137

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

631-903-7137

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