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Property profile & analytics
FOR LEASE
Retail space

1220 4Th Street Cir Sioux City, IA 51101

45,360 SF 0.56 ac lot Built 2021
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0148151
Property summary
AI-generated overview

This exceptional 2,285-square-foot retail space is located within the prestigious Urbane 1220 building at 1220 4th St, Sioux City, IA 51103, situated on Historic 4th Street. This Class A, mixed-use development, completed in 2021, offers a vibrant urban lifestyle. The space, part of a larger 51,986-square-foot building, boasts abundant natural light and convenient patio access. Private parking and dedicated retail restrooms are included. Its prime location provides excellent visibility and accessibility, with proximity to major thoroughfares and public transportation. The building's amenities include an on-site fitness center. The space is fully built-out and ready for immediate occupancy. Zoned C, this property (APN 894728477002) offers a unique opportunity for businesses seeking a high-profile location in a thriving community. The asking rate is $11.00 per square foot NNN, with estimated CAM of $5.00 per square foot. The lease will be a gross lease, with separately metered utilities paid by the tenant. Tenant improvement allowances are negotiable, and the landlord is open to creative financing options, including grant funding and co-investment opportunities. This is an ideal location for businesses seeking high visibility and convenient access to a diverse range of amenities and services. The building is a five-story structure with one building on the site.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Total area 45,360 SF
Lot 0.56 ac (24,225 SF)
APN 894728477002
UPID US25-0148151
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Urbane Apts Apartment Complex
  • Urbane 1220 Apartments Apartment Complex
  • Urbane1220 Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Urbane 1220 LLC · 6 yrs held
Urbane 1220 LLC
since 2020
Last sale
$300,000
3 recorded transactions
2021
Price N/A
2020
$300,000
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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