JLL Sells Retail Property In Sioux City, IA For $27.5M
5101 Sergeant Road, Sioux City, Iowa 51106, United States
$27,500,000
$135/SF
Building Size
202,880 SF
Asset Type
Retail
Closing
Sep 15, 2022
AI
The retail property located at 5101 Sergeant Rd in Sioux City, IA has been sold for a price of $27,500,000. The property spans across 202,880 square feet, resulting in a price per square foot of $136. The seller of the property is The RH Johnson Co.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $27,500,000
- Address: 5101 Sergeant Rd, Sioux City, IA
- Market: Sioux City, IA
- Size: 202,880 square feet
- Price per Square Foot: $136
The transaction was facilitated by the brokers Amy Sands, Clinton Mitchell, Michael Nieder, and Marcus Pitts from JLL.
Players
Sioux City Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.58%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93