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Advance Auto Parts 1700 Dakota Ave 7,000 SF Retail Building South Sioux City, NE 68776 $1,175,428 CAD ($167.92 CAD/SF) 8.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Dark Advance Auto Parts Location - Tenant Shall Maintain all Lease Obligations for Remaining 3+ Years of Lease Term
- Commercial Zoning Supports a Wide Range of Retail and Service Uses, Enhancing the Property's Repositioning Potential
- Situated in an Established Retail Corridor With Strong Co-Tenancy and Steady Foot Traffic
- Freestanding Retail Building Offering Flexible Layout and Signage Visibility
- High-Visibility Location Along Dakota Avenue With Nearly 11,000 Vehicles Passing in Front of Subject Property Daily
- 103,000+ 5 Mile Population – Surrounded by Residential Properties With Strong Built-In Customer Base
EXECUTIVE SUMMARY
ADVANCE AUTO PARTS (DARK) at 1700 Dakota Ave NE in South Sioux City, NE presents a lucrative investment opportunity as a freestanding retail building with a strong tenant. With a lease term of over 3 years remaining, the property offers stable income potential. The commercial zoning allows for a variety of retail and service uses, enhancing its repositioning possibilities. Strategically located along Dakota Avenue with high visibility and approximately 11,000 vehicles passing by daily, this property benefits from a prime retail corridor with steady foot traffic and strong co-tenancy. Surrounded by a population of over 103,000 within a 5-mile radius and situated in the Sioux City MSA, the property enjoys regional connectivity and economic stability. Don't miss out on this opportunity to invest in a well-positioned asset in a thriving area like South Sioux City.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
2000
Price
$1,175,428 CAD
Price Per SF
$167.92 CAD
Cap Rate
8.25%
NOI
$96,973 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.67 AC
Zoning
COMMERCIAL
Parking
38 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 220027323 | Improvements Assessment | $1,380,217 CAD |
| Land Assessment | $102,203 CAD | Total Assessment | $1,482,421 CAD |
PROPERTY TAXES
Parcel Number
220027323
Land Assessment
$102,203 CAD
Improvements Assessment
$1,380,217 CAD
Total Assessment
$1,482,421 CAD
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Advance Auto Parts | 1700 Dakota Ave
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