Retail Business for Sale in Sioux City, IA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Sioux City, IA 51106

Description

Marcus and Millichap is proud to offer for sale fee simple ownership in the Affordable Dentures & Implants property located along Sunnybrook Court in Sioux City, Iowa. Affordable Dentures & Implants operate over 400 locations across 42 states and are a leading provider in tooth replacement services. The site was a build to suit for Affordable Dentures in 2012 and they’ve continuously operated since, most recently executing a lease extension through June 30th, 2030. The lease structure includes minimal landlord responsibilities and offers 5% rental increases every 5 years. The property is located conveniently one block off Highway 75 (23,446 VPD) in close proximity to Lowe’s, Target, Hobby Lobby, Fleet Farm, Ulta Beauty and Sherwin Williams. Household incomes exceed $100,000 within one mile of the subject property. Sioux City, Iowa is the fourth most populated city in the state and the county seat of Woodbury County. Sioux City serves as the regional hub for business, employment, retail, medical care, education and tourism. Top employers include Tyson Foods, Seaboard Triumph Foods UnityPoint Health and the National Guard’s 185th Air Refueling Wing. Investment Highlights: • Passive NNN Lease With Landlord Responsibility Limited to Roof Maintenance Only (Metal Roof), Parking Lot Repairs (Only if Due to Settling) and Structure • Corporate Guarantee – Affordable Dentures & Implants Operate 400+ Locations Across 42 States • Rapidly Growing Industry – Tooth Replacement Services Annual Growth Rate Projected at 7.16% Over Next 8 Years Due to Aging Population, Technology Advancements and Heightened Awareness

Market Context

This retail in Sioux City, IA is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Sioux City, IA — <a href="/search/sale/retail/iowa/sioux-city">view the full market</a>.

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