Kum & Go

Retail / Posted 3 weeks ago by Deborah Vannelli, Upland Real Estate Group, Inc. / 19 views

  • Price : $4,044,686
  • Cap Rate : 5%
  • Net Operating Income : $202,234
  • Tenant : Kum & Go, L.C.
  • Lease Type : NNN
  • Lease Term Remaining (Years) : 11
  • Building Size (SF) : 4,958
  • Land Area (Acres) : 1.07
  • Year Built : 2011

• Kum & Go Convenience Store with 10 1/2 years remaining on a NNN Lease with 7.50% rent increases every 5 years, and four five-year renewal options.
• Eligible for 100% Bonus Depreciation. Please consult with CPA to confirm it applies to your personal tax situation.
• Kum & Go is a family-owned operation which employees over 5,000 associates in 400 stores across 11 states.
• Sioux City, Iowa serves as the regional hub for business, employment, industry, retail trade, medical care, education opportunities and tourism in Northwest Iowa, Southeast South Dakota, and Northeast Nebraska. More than 165,000 people live in the tri-state metropolitan area.
• Solid demographics with an average household income of $73,466 in a 3-mile radius, and population of over 82,000 in a 5-mile radius.
• Sioux City was recognized as the #1 place for Economic Development by Site Selection Magazine (2019), #3 Most Livable Small City in the U.S. by Smart Asset (2021), and Best in State Employer by Forbes Magazine (2019).

1925 S Lakeport StreetSioux City,Iowa,51106

Deborah Vannelli
Upland Real Estate Group, Inc.

612-332-6600

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