Retail and Office Mixed-Use
3301 Singing Hills Boulevard Sioux City, IA 51106
For Sale
$1,750,000
COMMERCIAL - Sioux City, IA
Property Size11,946 SF
Lot Size2,023.00 Acres
Price / SF$146.49
Days on Market479
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 Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Amy Kakacek
(712) 333-1111
Added: Apr 7, 2025
Changed: Jul 29
Last Checked: Jul 29 at 10:06AM
MLS# 828194
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.
This two-tenant mixed-use building totals approximately 11,946 square feet and is fully occupied. The front 4,100 square feet is retail space occupied by a golf shop since 2018, with a 5-year lease renewal exercised in 2023. The rear approximately 7,857 square feet is office space leased to the Government Services Administration (GSA) since 2019 under a 15-year lease with 7 years firm.
The property is located on a major commercial thoroughfare in Sioux City, Iowa and consists of separate retail and office areas supporting the building’s current tenant mix.
Both leases are described as modified gross leases, providing a combined occupied income stream through the existing retail and office tenants.
The property is located on a major commercial thoroughfare in Sioux City, Iowa and consists of separate retail and office areas supporting the building’s current tenant mix.
Both leases are described as modified gross leases, providing a combined occupied income stream through the existing retail and office tenants.
Key Highlights
- Approximately 11,946 SF, fully occupied two‑tenant retail/office building in Sioux City, IA
- 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 (7 years firm)
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 |
11,946 SF · lease $15.48/SF/yr · vacancy 8.44% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.69M
$1.48M – $1.98M
NOI $118,522 @ 7.0% cap · market cap 6.77%
Second Best
Mixed Use
$1.29M
$1.13M – $1.50M
NOI $90,155 @ 7.0% cap · market cap 5.15%
Theoretical Best
Specialty Retail
$1.80M
$1.57M – $2.09M
NOI $125,657 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-tenant, fully occupied building with front retail and rear office space under modified gross leases.
Where is this mixed-use property located?
The property is located at 3301 Singing Hills Boulevard Sioux City, IA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Approximately 11,946 SF, fully occupied two‑tenant retail/office building in Sioux City, IA; 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 (7 years firm)
