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Class A Office Condo with Skywalk Access
For Lease
$10 SF/Yr

700 4th, Sioux City, IA 51101

Remodeled Class A office space built in 2012 with direct skywalk access to downtown destinations and parking.

Space Size3,523 SF
Property Size5,228 SF
Days on Market49

Property Features for 700 4th

General Information

Standard status Active
Size 3,523 SF
Class A
Property subtype Office - General Office
Occupancy 33%

Building Details

Building Size 5,228 SF
Year Built 1972
Year Renovated 2012
Units 1
Tenancy Multi

Spaces For Lease

at 700 4th Contact us

320 $10/SF/Yr

Size
3,523 SF
Type
Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: NAI United
Listed By: Chris Bogenrief, SIOR, CCIM, MBA · License #B43451000
Source: Commercialcafe
Added: Jul 13 Changed: Aug 13 Last Checked: Aug 30 at 1:34PM

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 NAI United

Investment Insights

Based on property information with market context.

This for-rent office condominium suite was built to suit meeting federal security standards in 2012 and has been remodeled and converted to Class A space. The layout includes lots of natural light, and the space can be demised. Lease rate includes operating expenses, except for janitorial within the space, with operating expenses estimated at $8.35 per square foot.

The building is located in the heart of downtown Sioux City’s entertainment district, just off I-29. Direct 4th-floor and skywalk-level access is available to the adjacent Heritage Parking Ramp, along with direct skywalk access to the Sioux City Convention Center, Marriott Courtyard, UnityPoint Health – St. Luke’s – Downtown, Orpheum Theatre, and Historic Pearl. Marto Brewing is one block east.

The condo totals 5,228 square feet, with 3,523 square feet available for lease, and the overall building is currently 33% leased.

Key Highlights

  • 2012‑built‑to‑suit office space meeting federal security standards; remodeled and converted to Class A space
  • 33% leased office condominium with 3,523 SF of the 5,228 SF condo also available for lease
  • Lease structure: rate includes all operating expenses except janitorial within the space; estimated operating expenses are $8.35 PSF

Property Analytics

Current Use

Groundworks Construction Company Stifel Bank MWI Veterinary Supply Veterinary Clinic Amy Kakacek, Realtor Real Estate Agency Bed Bug Exterminator ... Garden Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service Florist Carpet & Flooring Store Pet Store & Service

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

33%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,187
Businesses Nearby

Demographics for 51101, IA

1,146
Population
723
Households
1.6
Avg Household Size
39
Median Age
11%
College-Educated
84%
High-School Grad
1.2 sq mi
ZIP Area
955
Density / Sq Mi
$18,103
Median Household Income
$25,661
Median Earnings
$676
Median Rent

Market

Lease Benchmarks for Sioux City, IA

$12.57 /SF/Yr
Avg Asking Price
$7.57–$20 /SF/Yr
Price Range
3,503 SF
Avg Space Size

This space is priced 20% below the average of $12.57 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Remodeled Class A office space built in 2012 with direct skywalk access to downtown destinations and parking.
Where is this office units located?
The property is located at 700 4th Sioux City, IA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 2012‑built‑to‑suit office space meeting federal security standards; remodeled and converted to Class A space; 33% leased office condominium with 3,523 SF of the 5,228 SF condo also available for lease; Lease structure: rate includes all operating expenses except janitorial within the space; estimated operating expenses are $8.35 PSF
More about this property
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