REBusinessOnline

Hanley Investment Group Arranges Sale of Two-Tenant Retail Building in Sioux City, Iowa

Starbucks and Qdoba occupy the 5,002-square-foot building.

SIOUX CITY, IOWA — Hanley Investment Group Real Estate Advisors has arranged the sale of a two-tenant retail building in Sioux City for an undisclosed price. Starbucks and Qdoba Mexican Eats occupy the property. The 5,002-square-foot building sits on a one-acre lot. Jeff Lefko and Bill Asher of Hanley represented the seller, N3 Real Estate. A family trust based in Orange County, Calif. purchased the asset. The cap rate was 6.3 percent.

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