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302 Jones St
Sioux City, IA 51101

$875,000 USD

Office Condo For Sale  •  5,069 SF

Property Details

  • Property Type Office
  • Total Building Size 90,000 SF
  • Lot Size 2.23 AC
  • Building Class A
  • Year Built 1906
  • Tenancy Multiple
  • Zoning Commercial
38 Transit Score
79 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 210 Office 5,069 SF $875,000 USD
  • Unit Size: 5,069 SF
  • Condo Use: Office
  • Price: $875,000 USD
  • Sale Type: Investment
  • Price/SF: $172.62 USD

Description 

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.

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 136
Type: Surface
Included in Rent: Yes
Nathan Connelly 712-224-2727 NAI United
Nathan Connelly 712-224-2727 NAI United