Office Building with Leased
For Sale
$399,000
2020 Indian Hills Dr, Sioux City, IA 51104
Office building with leased space and owner-user potential.
Days on Market147
Property Features for 2020 Indian Hills Dr
General Information
Standard status
Active
Property subtype
Office
Building Details
Year Built
2000
Listing Agency:
(712) 251-8276
Listed By:
Beau Braunger, SIOR, CCIM
(712) 251-8276
Source:
Naiglobal
Added: Mar 6
Changed: Jul 10
Last Checked: Jul 31 at 6:26AM
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 Beau Braunger, SIOR, CCIM
Investment Insights
Based on property information with market context.
This office building features a main floor that is currently leased to Aveanna Home Health through July 31, 2028. The basement space is available for an owner-user or can be leased out. If the basement space is leased, the property is projected to generate an 8.79% cap rate. The property is located near the intersection of Glen Oaks Boulevard and Indian Hills Drive.
Key Highlights
- Leased main floor provides immediate income stream until 7/31/28.
- Achieve an 8.79% cap rate when basement is leased.
- Basement space offers flexibility for owner/user or additional rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 51104, IA
23,080
Population
9,119
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
7.5 sq mi
ZIP Area
3,077
Density / Sq Mi
$74,984
Median Household Income
$42,411
Median Earnings
$955
Median Rent
$193,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building with leased space and owner-user potential.
Where is this office building located?
The property is located at 2020 Indian Hills Dr Sioux City, IA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Leased main floor provides immediate income stream until 7/31/28.; Achieve an **8.79% cap rate** when basement is leased.; Basement space offers flexibility for owner/user or additional rental income.
