Technical
Financial
Distress signals
Property profile

1220 4Th St Sioux City, IA 51103

FOR LEASE
Retail space
Property ID
US25-0148151
45,360 SF 0.56 ac lot Built 2021
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Apartment Complex
  • Apartment Complex
  • Apartment Complex

Location

1220 4Th St Sioux City, IA 51103
Sioux City metro Census 3600 SIOUX CITY, IA-NE-SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2020
Last sale
$300,000
3 recorded transactions
2021
Price N/A
2020
$300,000
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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