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The Nlag Advantage
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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
Brennan Clegg
Agent
Phone Number:
614.360.9805
brennan.clegg@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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