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    101 Virginia St Sioux City, IA 51101

    Sponsored
    For Lease
    $25 SF/Yr ($8,633 /Mo)

    Brand new, 1870 sq ft retail space. Excellent location & TI allowance.

    Lot size:
    4,144 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,870 square foot retail space is located in the vibrant Virginia Square District of downtown Sioux City. Situated on the ground floor of a Class A building totaling 4,144 square feet, this single-tenant space offers a fantastic opportunity for businesses seeking a prime location. The property boasts unparalleled accessibility, being just one block from the historic 4th Street and the Promenade movie theater, a five-minute walk from the Hard Rock, and a block away from the upcoming riverfront redevelopment project and I-29. This ensures high visibility and convenient access for customers. The building's prestigious tenant roster includes Keller Williams Siouxland, Goodin Insurance, Avid Hotel, and Table 32, further enhancing the desirability of this location. The landlord is offering a "vanilla shell" space along with a generous tenant improvement allowance of $25.00 per square foot, contingent upon a minimum five-year NNN lease. This allows for significant customization to suit your specific business needs. While expenses are estimated and property taxes are still being finalized, this opportunity presents a compelling combination of location, amenities, and financial incentives. Ideal for retail or professional services.

    Property Features for 101 Virginia St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,144 SF
    Class
    A
    Total Rate
    8633.33

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,870 SF
    Rate per SF
    $25

    HighLights

    • Class A retail space totaling 4,144 square feet.
    • Single‑tenant occupancy with 1,870 square feet currently available.
    • Prime downtown Sioux City location, one block from 4th Street and the Promenade.
    • $25/SF tenant improvement allowance with a minimum 5‑year NNN lease.
    • Excellent visibility and proximity to amenities including the Hard Rock, I‑29, and upcoming riverfront development.
    Property Profile Location Intelligence

    Current Use by Public Records

    101 Virginia Square Apartment Building Edward Jones - Financial ... Financial Consultant Encouraging Portable Toilet ... Portable Toilet Supplier

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Building Supply Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.3986687
    Latitude
    42.4912573

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    FAQs

    What type of property is this?
    Retail property - Brand new, 1870 sq ft retail space. Excellent location & TI allowance.
    Where is this retail property located?
    The property is located at 101 Virginia St Sioux City, IA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Class A retail space totaling 4,144 square feet.; Single-tenant occupancy with 1,870 square feet currently available.; Prime downtown Sioux City location, one block from 4th Street and the Promenade.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Virginia St Sioux City, IA 51101
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