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Open Retail Space
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1910 Geneva, Sioux City, IA 51103

Flexible interior space is available in a center across from Walgreens, with other retail and service businesses nearby.

Property Size23,720 SF
Price / SF$0.00
Days on Market3677

Property Features for 1910 Geneva

General Information

Standard status Active
Size 23,720 SF
Property subtype Commercial

Site & Location

Corner Location Yes
Traffic Count 31,000 vehicles/day

Building Details

Building Size 23,720 SF
Year Built 2003
Tenancy Multi
Listing Agency: Century 21 Prolink
Listed By: Jennifer Rose Bass
Source: Stormlakehomessite
Added: Oct 1, 2016 Changed: Oct 24 Last Checked: Oct 24 at 3:25PM

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

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Two retail spaces are available within a 23,720-square-foot center built in 2003. The available interiors are open, allowing the spaces to be finished for a tenant’s needs.

The center is across from Walgreens on Hamilton Boulevard. Neighboring businesses include Vision Care Clinic, 5 Star Nails, Ultimate Fitness, and Tires, Tires, Tires. Hamilton Boulevard carries more than 31,000 vehicles per day.

Key Highlights

  • Two available spaces in a 23,720‑square‑foot retail center
  • Open interiors ready for tenant finish‑out
  • Built in 2003

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$235,337
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,706,740 $4.7M
Cap Rate 7%
$3,361,957 $3.4M
Cap Rate 9%
$2,614,856 $2.6M
Market Conditions
NOI Build-Up for 23,720 SF
Gross rent
$367.2K $15.48/SF
− Vacancy
−$31.0K −$1.31/SF
EGI
$336.2K $14.17/SF
− OpEx
−$100.9K −$4.25/SF
NOI
$235.3K $9.92/SF
Area
Woodbury County, IA
Vacancy
8.44%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,706,740
Cap Rate 7%
$3,361,957
Cap Rate 9%
$2,614,856

Alternative Uses

Best Use
Retail
$3.36M
$2.94M – $3.92M (±1% cap)
NOI $235,337 @ 7.0% cap · market cap 2,941,712.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.56M
$3.12M – $4.16M (±1% cap)
NOI $249,505 @ 7.0% cap · market cap 3,118,812.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Gym & Fitness Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

536
Businesses Nearby

Demographics for 51103, IA

16,827
Population
6,867
Households
2.5
Avg Household Size
35
Median Age
17%
College-Educated
77%
High-School Grad
12.1 sq mi
ZIP Area
1,391
Density / Sq Mi
$57,212
Median Household Income
$35,136
Median Earnings
$887
Median Rent
$124,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible interior space is available in a center across from Walgreens, with other retail and service businesses nearby.
Where is this retail space located?
The property is located at 1910 Geneva Sioux City, IA.
What are key features of this property?
This property features: Two available spaces in a 23,720‑square‑foot retail center; Open interiors ready for tenant finish‑out; Built in 2003
More about this property
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