Golden Corral NNN Property For Sale — Sioux City, IA
5230 Sergeant Rd, Sioux City, IA 51106
This Golden Corral property offers an exceptional investment opportunity with a long-term, absolute net lease in Sioux City, IA. With 13 years remaining on a 15-year lease, the property features attractive 10% rental increases every five years and two five-year renewal options. Strategically located on a prominent commercial thoroughfare, it benefits from high traffic counts and a robust demographic profile with strong household incomes. The location is surrounded by major national retailers and two significant shopping centers, enhancing its desirability and long-term value. This is a fee simple interest offering, providing a stable income stream from a well-established brand.
- Address: 5230 Sergeant Rd, Sioux City, IA 51106
- Asking price $4.09M
- 5.50% cap rate
- NOI $225,000
- 4.5 years remaining
- NNN lease
Asset type: QSR