18,900 SF Retail Box, Downtown Sioux City

124 Pierce St Sioux City, IA 51101

124 Pierce St, Sioux City, IA, 51101
124 Pierce St, Sioux City, IA, 51101
FOR LEASE
Property Type:
Free Standing Building
Amount:
Please Call Broker for Price

Last Verified:
Dec 02, 2024

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Description

Large open retail building available for lease effective January 1st, 2025. Originally built as a grocery store and most recently utilized as a furniture store, this building would make a great location for either one! As of 2023, there are 671 living units and 601 hotel rooms in downtown Sioux City, per a Downtown Partners study. With New construction across the street (new business and apartments being built now), line of sight from both Gordon Drive (Highway 20) and Interstate 29, you are sure to be successful.

Downtown Sioux City, just off of busy Gordon Drive


Year Built: 1957
Building Size: 18900sq ft
Lot Size: 1.38 acres


Documents

18,900 SF Retail Box, Downtown Sioux City

Units for Lease

124 Pierce St
Space Available: 18900 SF
Lease Type: NNN

Price Per Sqft/Year: $8.00

Map of 124 Pierce St, Sioux City, IA, 51101

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.