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Executive Summary

NNN corporately leased Class A office condo investment listed at a 7.5% cap rate. The space is 100% leased by Robert W. Baird & Co. who recently extended for five years. Baird has occupied the space since the building was completely renovated in 2011. The sale includes 5 underground parking spaces and more spaces can be purchased. This 2nd floor office condo sits atop the beautiful open staircase made of 117-year old Douglas Fir timbers in the historic United Center. United Center sits next to the Sioux City Convention Center, Marriott Courtyard and movie theater in the Historic 4th Street Entertainment District. Financials are available upon receipt of a signed NDA.

1 Unit Available

Unit 210

Unit Size 5,069 SF
Price $1,199,109 CAD
Price Per SF $236.56 CAD
Condo Use Office
Sale Type Investment

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 90,000 SF
Property Type Office (Condo)
Building Class A
Floors 6
Typical Floor Size 15,000 SF
Year Built 1906
Lot Size 2.23 AC
Parking Ratio 1.51/1,000 SF
Opportunity Zone Yes
Zoning Commercial
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 28588903

  • Date on Market: 2023-05-26

  • Last Updated:

  • Address: 302 Jones St, Sioux City, IA 51101

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