Log In/Sign Up
Your email has been sent.
Sunnybrook Plaza 5747-5755 Sunnybrook Dr 52,061 SF 100% Leased Retail Building Sioux City, IA 51106 $15,152,420 CAD ($291.05 CAD/SF) 6.25% Cap Rate
EXECUTIVE SUMMARY
100% leased junior box power center situated between Target, Lowe's & Fleet Farm. 81% of the center is corporately guaranteed by TJX. New 10 year leases with Marshalls & Sierra Trading and a new 5-yr. renewal with Ulta, all commencing by 9.1.25. This Marshalls ranks in the top 21% of stores nationwide with over 502,000 visits per year and this Ulta ranks in the top 1% of stores nationwide boasting 256,000 visits per year. Source: Placer.ai
The back of the building faces the US 75/US 20 4-lane bypass with over 32,000 vehicles per day for maximum signage exposure on both front and back. The Verizon/Panda Express outlot, representing 13% of total site and expenses, is not included in the sale and will be carved off as a condominium. Chris Bogenrief has interest in the property and Nathan Connelly is related to an owner.
The back of the building faces the US 75/US 20 4-lane bypass with over 32,000 vehicles per day for maximum signage exposure on both front and back. The Verizon/Panda Express outlot, representing 13% of total site and expenses, is not included in the sale and will be carved off as a condominium. Chris Bogenrief has interest in the property and Nathan Connelly is related to an owner.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
52,061 SF
Building Class
C
Year Built
2015
Price
$15,152,420 CAD
Price Per SF
$291.05 CAD
Cap Rate
6.25%
NOI
$947,026 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
5.61 AC
Zoning
GC - General Commercial
Parking
195 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
567’ on Sunnybrook Dr.
AMENITIES
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 884708278006 | Improvements Assessment | $9,351,543 CAD |
| Land Assessment | $2,410,369 CAD | Total Assessment | $11,761,912 CAD |
PROPERTY TAXES
Parcel Number
884708278006
Land Assessment
$2,410,369 CAD
Improvements Assessment
$9,351,543 CAD
Total Assessment
$11,761,912 CAD
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Sunnybrook Plaza | 5747-5755 Sunnybrook Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.