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Sioux City KFC Investment Property

1500 Hamilton Blvd Sioux City, IA 51103

For Sale
$2,667,000

New Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation and the 2023 KFC Franchisee of the Year

Property size:
3,078 SF
Lot size:
0.67 Acres
Price / SF:
$866/SF
Added:
Jan 13, 2025
Days on Market:
544
Last Refresh:
Mar 16 at 9:06 am

Property Features for 1500 Hamilton Blvd

General Information

Standard status
Active
Property type
Other retail properties, Individual retail properties, Other investment properties, Retail properties & Spaces, Investment properties
Size
3,078 SF
Class
C
Total Parking Spaces
40
Elevators
N/A
Lot size
0.67 Acres
Net Operating Income
$160,000

Listing agent Jon

Listing office

Listing date Jan 13, 2025


Investment Insights

Based on property information with market context.

Located in Sioux City, Iowa, this investment property features a 3,078 square foot KFC retail building. The property is situated on a 0.67-acre lot. It has a new, absolute NNN lease with a KFC franchisee, recognized as the 2023 KFC Franchisee of the Year, and backed by a portfolio of over 135 stores. The 15-year lease agreement includes rent increases of 8% every five years, with four additional five-year renewal options. The property underwent a complete remodel in 2024/2025 to meet the latest KFC image standards. The property generates a net operating income of $160,000.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

KFC Restaurant

Suggested Use

Real Estate Agency HVAC Service Grocery & Convenience Store Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Other retail property - New Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation and the 2023 KFC Franchisee of the Year
Where is this other retail property located?
The property is located at 1500 Hamilton Blvd Sioux City, IA.
What is the asking price?
The asking price for this property is $2,667,000.
Contact an agent
More about this property
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