Sioux City, IA 51108

Dollar General

Property Address

3908 Floyd Boulevard, Sioux City, IA, USA

Offering Summary

  • Price: $1,086,000
  • Lot Size: .86 Acres
  • Cap Rate: 6.40%
  • Year Built: 1964
  • Building SF: 12,000
  • Status: Available
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  • Brand New 7-Year Lease Extension with Corporate Guaranty (NYSE: DG)
  • Extremely Healthy Rent to Sales Ratio
  • Below Market Rents in Place - Future Upside
  • Two Renewal Options with 10 Percent Rental Increases in Each Option Period
  • Long Term Occupancy - Tenant has Operated at the Site for Over 24 Years
  • 70,833 Residents within a Five-Mile Radius in Growing Sioux City Trade Area
  • One Mile via Floyd Boulevard from Walmart Supercenter, ALDI, Sonic Drive-In, and Other National Retailers
  • Average Household Income Exceeds $70,000 within a Five-Mile Radius

Broker Information