NNN Leased KFC Restaurant

NNN Leased KFC Restaurant

Sold

1500 Hamilton Blvd | Sioux City, IA

$1,364,286 Marketing Sheet

This KFC is located along Hamilton Boulevard in Sioux City, IA. Hamilton Boulevard is a busy four-lane thoroughfare that connects to Interstate 29, which is approximately one mile from the subject property. Hamilton Boulevard is lined with major national tenants such as McDonald’s, Dollar Tree, Wendy’s, Pizza Hut, Applebee’s, Burger King, Taco John’s, and Taco Bell, all within three blocks of KFC. Adjacent to the subject property lies the Heelan Catholic High School Memorial Field. Located about two blocks away on Omaha Street is a strip retail center anchored by a Bomgaars and Petco.

 

Sioux City, named an All-American City twice by the National Civic League is located in the Northwestern part of Iowa. It is part of both Woodbury and Plymouth counties and borders Southeast South Dakota and Northeast Nebraska which is considered the tri-state metropolitan area. With a population of approximately 83,000 residents, Sioux City serves as the core for business, employment, industry, retail trade, medical care, educational opportunities, and tourism in the tri-state metropolitan area.

Cap Rate: 7.00% NOI: $95,500 Livable Sq. Ft: 3,078

Built in 1985 units Lot Sq. Ft: 29,185

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