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Property profile & analytics
FOR SALE
Shopping centers

4501 Southern Hills Dr Sioux City, IA 51106

106,795 SF
Property ID
US25-Q012264
Property summary
AI-generated overview

Southern Square Shopping Center presents a compelling value-add retail investment opportunity in one of Sioux City’s most established commercial corridors. Strategically positioned within the Southern Hills retail district, the property benefits from strong area co-tenancy, consistent consumer traffic, and proximity to national anchors and daily-needs retailers. The center has 8,827 SF space available; creating immediate upside for an investor. Rather than inheriting a fully stabilized asset at a compressed yield, a buyer has the opportunity to: - Increase NOI through lease-up, capturing today’s market rents - Enhance overall center synergy by curating complementary tenants - Improve long-term asset value through stabilization - Potentially reposition or modernize the vacant space to attract higher-credit tenancy The vacancies provide built-in growth potential while maintaining in-place income from existing tenants. This structure allows for both cash flow stability and strategic upside — an attractive balance for investors seeking yield growth in a proven retail trade area. Southern Square offers visibility, accessibility, and flexibility — positioning a buyer to acquire at today’s basis and unlock value through thoughtful lease-up execution Southern Square Shopping Center presents a compelling value-add retail investment opportunity in one of Sioux City’s most established commercial corridors. Strategically positioned within the Southern Hills retail district, the property benefits from strong area co-tenancy, consistent consumer traffic, and proximity to national anchors and daily-needs retailers. The center has 8,827 SF space available; creating immediate upside for an investor. Rather than inheriting a fully stabilized asset at a compressed yield, a buyer has the opportunity to: - Increase NOI through lease-up, capturing today’s market rents - Enhance overall center synergy by curating complementary tenants - Improve long-term asset value through stabilization - Potentially reposition or modernize the vacant space to attract higher-credit tenancy The vacancies provide built-in growth potential while maintaining in-place income from existing tenants. This structure allows for both cash flow stability and strategic upside — an attractive balance for investors seeking yield growth in a proven retail trade area. Southern Square offers visibility, accessibility, and flexibility — positioning a buyer to acquire at today’s basis and unlock value through thoughtful lease-up execution

Property profile
Verified
Property type Shopping centers
Total area 106,795 SF
UPID US25-Q012264
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
  • Mr. Stirfry Restaurant
  • Siouxland Sports Academy Gym & Fitness Center Sports Field & Court
  • Gloss Hair and Makeup Boutique Cosmetic Store
  • Rexius Nutrition/Eat Fit Go (Bike/Boat/Book/etc) Store Pharmacy
  • LifeServe Blood Center Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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