Available For Rent - Industrial , Warehouse

171,000 SF

Industrial and Warehouse Space in North Sioux City for lease

AVAILABILITY DETAILS

Size
171,000 SF
Space/Suite
Entire Property
Asking Rent Type
N/A - Contact for Info
Rent/SF/Month
N/A - Contact for Info
Listing ID
LA382222
Notes
State-of-the-art distribution center in the income tax-free State of South Dakota in the Sioux City, IA-NE-SD metropolitan area. Each 21,375 SF bay has at least one drive-in door and multiple docks. Each 42,750 SF space has drive-through capability. Each bay includes a restroom and air conditioned office. Space will be ready for occupancy within 9 months of executed lease. Lease rate is $4.50 PSF for 85,500 SF or more.



Join the re-imagination of the 746,000 sf, 76 acre former Gateway/Acer Computer campus! 4 of the 5 buildings on campus have been sold to strong local companies since 1/10/18, including Sterling Computers, who is moving their corporate HQ to the Pacific building. Gateway Business Park is located in North Sioux City in the State of South Dakota. South Dakota is known as a state that has an excellent business climate. There are low costs for doing business, and there is no personal income tax, corporate income tax, or inheritance tax. North Sioux City is part of a larger tri-state area known as Siouxland, which has traditionally had a stable economy, with unemployment rates well below the national average. The Sioux City MSA has over 168,000 residents and its economic strength has always been concentrated in the agri-business industry due to the proximity of fertile land and abundant water resources. Many executives live in the nearby upscale master-planned community of Dakota Dunes, featuring the Arnold Palmer-designed championship Dakota Dunes Country Club. Those that live and work in South Dakota pay no state income tax.



The Sioux City MSA is expected to continue driving economic growth in the Midwest. The growing regional and national importance of the local agricultural sector has helped keep the local economy expanding at or above the national rate, while insulating it from major economic slowdowns. CF Industries just finished constructing a $2B fertilizer plant, Seaboard Triumph Foods just opened a $264M pork processing plant, Interstate 29 is going from 4 lanes to 6 through the City by 2019, US 20 will be 4 lanes from Chicago to Sioux City by 2019 and Hard Rock Hotel & Casino opened a $140M facility downtown. For the seventh time in the last decade, the Siouxland Metropolitan Statistical Area (MSA) ranks first in the nation in its population category for economic development in 2017, according to results released by Site Selection magazine.  The Sioux City MSA was also recognized as the top economic development community for populations under 200,000 in 2007, 2008, 2012, 2013,2015 & 2016.
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Chris Bogenrief SIOR CCIM MBA, NAI United