3301 Singing Hills Boulevard, Sioux City, IA 51106
COMMERCIAL - Sioux City, IA
- Added:
- Apr 7, 2025
- Days on Market:
- 431
- Last Refresh:
- Jun 11 at 10:06 pm
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 agent Amy Kakacek (712) 333-1111
Listing office LPT Realty, LLC 12345 University Ave Suite 100, Clive, IA (877) 366-2213
Listing date Apr 7, 2025
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.
HighLights
- Two‑tenant commercial building with approximately 11,946 SF, fully occupied
- 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 under a 15‑year lease (7 years firm)
- Both leases are modified gross leases
Overview
The property is located on a major commercial thoroughfare in Sioux City, Iowa, and is described as fully occupied. The current lease structures are noted as modified gross leases.
For investors or owner-operators seeking stability, the appeal here is the presence of long-term, in-place tenants spanning retail and office use within one building. The combination of an extended GSA commitment and a renewed retail lease provides a practical foundation for underwriting cash flow, with both spaces already operating rather than requiring near-term tenant re-positioning.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux City
- County
- Woodbury
- State
- Iowa
- Longitude
- -96.364929
- Latitude
- 42.436765