Retail

Lakeport Commons Shopping Center

5101 Sergeant Rd Sioux City, IA United States 51106
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2005
Building Area Net
Land Area Net ()
Occupancy 95.0 %

Property description

JLL is pleased to exclusively offer Lakeport Commons (the “Property”), a 232,280 square foot dominant regional open air shopping center in Sioux City, Iowa. The Property is 95% leased to a best-in-class tenant roster of national operators and attracts over 4.5 million annual shoppers as the only regional retail corridor for nearly 100 miles pulling from four different states – Iowa, Nebraska, Minnesota, and South Dakota.


The Property’s impressive tenant roster is further bolstered by the recent addition of Aldi and Ross Dress for Less, who recently signed new 10-year leases opening new locations within the market. Lakeport Commons provides investors the rare opportunity to acquire a dominant grocery anchored shopping center asset with strong national credit and limited competition in an expansive trade area.

Investment highlights

  • New 10 Year Leases with Aldi, Ross & Boot Barn
  • 4.5 Million Annual Visitors with Over 100 Mile Trade Area Draw
  • Dominant Regional Center with Incredible Leasing Velocity
  • 6.0 Years WALT
  • Parcel Break Up Strategy
  • Over $4mm of Recent Capital Upgrades
Last Updated Date: 19 Apr 2022

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Last Updated Date: 19 Apr 2022

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