Medical Office
For Sale
Contact for pricing
5500 Sergeant Road, Sioux City, IA 51106
Built in 2017, the space is offered as an unfinished shell for tenant improvements.
Property Size27,146 SF
Price / SF$0.00
Days on Market3260
Property Features for 5500 Sergeant Road
General Information
Standard status
Active
Size
27,146 SF
Class
A
Property subtype
Commercial
Additional Details
Condition
Shell
Highway Access
Yes
Property Use
Medical Office
Building Details
Building Size
27,146 SF
Year Built
2017
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Century 21 Prolink
Listed By:
Jennifer Rose Bass
(712) 224-2300
Source:
Stormlakehomessite
Added: Nov 21, 2017
Changed: Oct 24
Last Checked: Oct 24 at 3:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Prolink
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 203 at Sunnybrook Center contains approximately 2,216 USF within a two-story medical and office building completed in 2017. The space is delivered in vanilla-box condition, allowing for tenant improvements to be tailored to the lease arrangement. The center is identified as Class A construction and includes Bruening Eye Care, Children's Medical, Pearson Testing Services and N-7 among its tenants.
At 5500 Sergeant Road in Sioux City, the property sits near the Sunnybrook Drive and Sergeant Road intersection. Access is available from the Hwy 75 Bypass and Hwy 20 via I-29, serving the greater Sioux City area and nearby communities in Iowa, South Dakota and Nebraska.
At 5500 Sergeant Road in Sioux City, the property sits near the Sunnybrook Drive and Sergeant Road intersection. Access is available from the Hwy 75 Bypass and Hwy 20 via I-29, serving the greater Sioux City area and nearby communities in Iowa, South Dakota and Nebraska.
Key Highlights
- Suite 203 offers approximately 2,216 USF
- Completed in 2017; located in a two‑story Class A building
- Delivered as a vanilla‑box shell for tenant improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,367
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,747,340
$2.7M
Cap Rate 7%
$1,962,386
$2.0M
Cap Rate 9%
$1,526,300
$1.5M
Market Conditions
NOI Build-Up for 27,146 SF
Gross rent
$250.8K $9.24/SF
− Vacancy
−$67.7K −$2.49/SF
EGI
$183.2K $6.75/SF
− OpEx
−$45.8K −$1.69/SF
NOI
$137.4K $5.06/SF
Area
Woodbury County, IA
Vacancy
26.98%
Lease Rate
$9.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,747,340
Cap Rate 7%
$1,962,386
Cap Rate 9%
$1,526,300
Alternative Uses
Best Use
Healthcare Medical
$2.69M
$2.35M – $3.14M
NOI $188,122 @ 7.0% cap · market cap 1,254,146.67%
Second Best
Office B
$1.96M
$1.72M – $2.29M
NOI $137,367 @ 7.0% cap · market cap 915,780.00%
Theoretical Best
Specialty Retail
$4.08M
$3.57M – $4.76M
NOI $285,542 @ 7.0% cap · market cap 1,903,613.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 51106, IA
28,655
Population
11,681
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
93%
High-School Grad
33.5 sq mi
ZIP Area
855
Density / Sq Mi
$74,486
Median Household Income
$40,495
Median Earnings
$1,080
Median Rent
$186,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Global By-Products — 4401 Old Lakeport Rd, Sioux City, IA 51106
- Hemmingstad Steven J DVM — 3419 Old Lakeport Rd, Sioux City, IA 51106
- Lakeport Veterinary Hospital — 3419 Old Lakeport Rd, Sioux City, IA 51106
Frequently Asked Questions
What type of property is this?
Medical Office Space - Built in 2017, the space is offered as an unfinished shell for tenant improvements.
Where is this medical office space located?
The property is located at 5500 Sergeant Road Sioux City, IA.
What are key features of this property?
This property features: Suite 203 offers approximately 2,216 USF; Completed in 2017; located in a two‑story Class A building; Delivered as a vanilla‑box shell for tenant improvements
