3301 Singing Hills Boulevard Sioux City, IA 51106
COMMERCIAL - Sioux City, IA
- Added:
- Apr 7, 2025
- Days on Market:
- 460
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features for 3301 Singing Hills Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 884718155001
- Lot size
- 2,023.00 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- SOUTHGATE 4TH LOT 2
- Tax Annual Amount
- 55478
Building Details
- Year built
- 2001
Listing agent Amy Kakacek (712) 333-1111
Listing office LPT Realty, LLC 12345 University Ave Suite 100, Clive, IA (877) 366-2213
Listing date Apr 7, 2025
Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 3301 Singing Hills Boulevard in Sioux City, Iowa, on a major commercial thoroughfare. With tenants occupying both the retail and office portions, the building operates as a single offering with separate leased areas.
For buyers evaluating a stabilized, income-producing asset, the key practical feature here is simple: retail and office space are already leased to two tenants under modified gross terms. That existing occupancy supports continuity of operations across both the front retail suite and the rear office space, which may be well suited for investors seeking an organized, multi-tenant structure with current lease execution dates already established.
Key Highlights
- Approximately 11,946 SF fully occupied two‑tenant building in Sioux City, Iowa
- Front 4,100 SF retail space leased to a golf shop since 2018; 5‑year lease renewal exercised in 2023
- Rear approximately 7,857 SF office space leased to GSA since 2019 on a 15‑year lease with 7 years firm
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $184.9k | $15.48 |
| − Vacancy | −$15.6k | −$1.31 |
| EGI | $169.3k | $14.17 |
| − OpEx | −$50.8k | −$4.25 |
| NOI | $118.5k | $9.92 |