About This Restaurant
Investment Highlights
High Income Demographics Surrounded by Major Retailers Including Target and Lowes, as well as Two Major Shopping Centers Trophy Location with High Traffic Counts
Executive Summary
The restaurant accommodates 450 patrons and comes equipped with nearly all essential amenities, including three walk-in coolers and a walk-in freezer. There are multiple seating sections, three pop stations for added convenience, and various other features, this property was operational until the day of closure, making it almost turn-key ready.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant
- Building Size 11,092
- Building Class B
- Year Built 2008
- Price 2,250,000
- Price Per SF 203
- Cap Rate 7.11
- NOI 159,985
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.11
- Land Acres 2.27 AC
Amenities
- Signage
Nearby Amenities & Transportation
| Retail | Texas Roadhouse | ||
| Retail | Golden Corral | ||
| Retail | Starbucks | ||
| Retail | Olive Garden | ||
| Retail | Red Robin | ||
| Retail | Old Chicago Pizza | ||
| Retail | Buffalo Wild Wings | ||
| Retail | ALDI | ||
| Retail | Panda Express | ||
| Retail | Hy-Vee |
Property Taxes
| Parcel Number | 884708452013 | Improvements Assessment | $1,171,200 |
| Land Assessment | $1,407,800 | Total Assessment | $2,579,000 |
| Date Created: | 2024-07-16 04:13:37 | Last Updated: | 2024-07-16 04:13:37 |
| Address: | 5230 Sergeant Rd , Sioux City, Iowa, 51106 | ||