2519 Correctionville Rd, Sioux City, IA 51106
Car wash facility offered with a 20-year absolute triple-net lease and scheduled annual rent escalations.
Property Features for 2519 Correctionville Rd
General Information
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Investment Insights
Based on property information with market context.
The current annual rent is $132,600, with rent scheduled to increase by 2.00% annually in January 2024 and 1.50% annually thereafter.
For Sale, this offering is presented as an NNN commercial real estate asset with long-term, absolute NNN lease obligations in place.
Key Highlights
- Mammoth car wash at 2519 Correctionville Road in Sioux City, Iowa
- Approximately 11,448 rentable SF car wash facility on an estimated 1.05‑acre parcel
- 20‑year absolute triple‑net (NNN) lease commenced December 29, 2021
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 51106, IA
Market
Vacancy Rate% for Retail in Midwest region