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Food Testing Laboratory 200-224 N Derby Ln 22,370 SF 100% Leased Retail Building North Sioux City, SD 57049 $3,858,348 CAD ($172.48 CAD/SF) 7.50% Cap Rate
EXECUTIVE SUMMARY
Single tenant net leased investment property with long term lease in place. SGS just leased 100% of the building for its next expansion.
Founded in 1878 and headquartered in Geneva, Switzerland, SGS is the world’s leading testing, inspection and certification company operating a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of 99,500 dedicated professionals.
Founded in 1878 and headquartered in Geneva, Switzerland, SGS is the world’s leading testing, inspection and certification company operating a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of 99,500 dedicated professionals.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
22,370 SF
Building Class
C
Year Built
1997
Price
$3,858,348 CAD
Price Per SF
$172.48 CAD
Cap Rate
7.50%
NOI
$289,376 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
4.10 AC
Zoning
C - Central Business
Parking
146 Spaces (6.53 Spaces per 1,000 SF Leased)
Frontage
514’ on North Derby Lane
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05.07.15.2049 | Improvements Assessment | $397,070 CAD |
| Land Assessment | $647,721 CAD | Total Assessment | $1,044,792 CAD |
PROPERTY TAXES
Parcel Number
05.07.15.2049
Land Assessment
$647,721 CAD
Improvements Assessment
$397,070 CAD
Total Assessment
$1,044,792 CAD
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Food Testing Laboratory | 200-224 N Derby Ln
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