no warranty or representation, express or implied, is made as to the accuracy of the information...
TRANSCRIPT
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our
principals
1010 Northern Blvd, Ste 208Great Neck, NY 11021PH: 516-482-0220FX: [email protected]
TENANT INFORMATION
This is one of the premier stores in the Perkins system. There are several major retail outlets nearby, including Menards, Kmart, Dunham’s Sports, United Rentals and Boomgaars. It is in an excellent location just off the intersection with US Highway 20 and was renovated a year ago.
INVESTMENT SUMMARY• Sale Price: $1,750,000• Cap Rate: 8.00%• Building Size: 7,000 s.f.• Land Size: 59,045 s.f.• Seats: 220• Drive Thru: Yes• NOI: $140,000• Lease Term: to December 2029• Increases: 1% annual increases• Options: 4 x 5 years with same increases
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our
principals
1010 Northern Blvd, Ste 208Great Neck, NY 11021PH: 516-482-0220FX: [email protected]
Demographics Zip City
Population 27,003 85,013
Estimated Median HH Income (2007)
$46,761 $41,266
Traffic Count 11,400 ADT
AREA INFORMATION• This Perkins is located on Gordon Drive/Route 12 in
suburban Sioux City, near the intersection of US Hwy 20.• There are several major retail outlets nearby, including
Menards, Kmart, Dunham’s Sports, United Rentals and Boomgars.
• Sioux City is a central destination for business, employment, industry, retail trade, medical care, educational opportunities and tourism in Northwest Iowa, Southeast South Dakota and Northeast Nebraska.
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals
1010 Northern Blvd, Ste 208Great Neck, NY 11021PH: 516-482-0220FX: [email protected]
1010 Northern Blvd, Ste 208Great Neck, NY 11021PH: 516-482-0220FX: [email protected]