For Sale
$2,667,000

1500 Hamilton Blvd Sioux City, IA 51103

High-return NNN lease, strong tenant.

Overview

Added:
Jan 13
Days on market:
99
This exceptional investment opportunity presents a 3,078 square foot KFC retail building situated at 1500 Hamilton Boulevard in Sioux City, Iowa. Located approximately 95 miles north of Omaha, Nebraska, this property boasts a new, absolute NNN lease with a prominent KFC franchisee—the 2023 KFC Franchisee of the Year—backed by a portfolio of over 135 stores. The 15-year lease agreement ensures long-term stability, featuring built-in rent increases of 8% every five years and four additional five-year renewal options. The property's high sales volume prompted a complete remodel in 2024/2025, bringing it up to the latest KFC image standards. The 0.67-acre lot provides ample space, and the property generates a net operating income of $160,000. This is a rare chance to acquire a secure, high-performing asset with significant upside potential in a desirable location. The asking price is $2,667,000.

Highlights

  • Prime Sioux City, IA location on Hamilton Blvd.
  • Absolute NNN 15-year lease with a top-performing KFC franchisee.
  • Guaranteed lease backed by 135+ stores, featuring 8% rent increases every 5 years.

Property Details for 1500 Hamilton Blvd

Property type
Retail properties, Investment properties
Square Feet
3,078 SF
Price / Square Foot
$866.47
Class
C
Total Parking Spaces
40
Elevators
N/A
Lot Size (sq. ft)
29,185 SF
Net Operating Income
$160,000

Location Insight

City
Sioux City
County
State
Iowa

FAQs

What type of property is this?
Retail property - High-return NNN lease, strong tenant.
Where is the retail property located?
The property is located at 1500 Hamilton Blvd Sioux City, IA.
What is the asking price?
The asking price for this property is $2,667,000.
What are key features of this property?
This property features: Prime Sioux City, IA location on Hamilton Blvd.; Absolute NNN 15-year lease with a top-performing KFC franchisee.; Guaranteed lease backed by 135+ stores, featuring 8% rent increases every 5 years.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1500 Hamilton Blvd
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