Minerva's in Marketplace Shopping Centre

Marketplace Shopping Centre, Sioux City, IA 28th & Hamilton Blvd.Beautiful full-service restaurant & bar ready for a new concept after a 30+ year run. Situated on Hamilton Boulevard, which is Siouxland's #2 retail market, with virtually no competition in the mid-to upper-scale full-service restaurant & bar category. The restaurant is located in the heart of the Marketplace Shopping Centre, a 285,000 sq. ft., 100% leased shopping center that attracts 3 million visitors each year. Marketplace is anchored by the north side's only Hy-Vee, ranking #1 in visitors among all Siouxland Hy-Vee stores and ranking in the 97th percentile of grocery stores nationwide (Placer.ai). The adjacent Caribou Coffee ranks #3 of all Iowa stores. The restaurant, renovated in 2017, boasts an attractive gross rent of $14 per sq. ft., including property taxes, property insurance and common area maintenance. Tenant pays utilities and contents & liability insurance. FF&E is negotiable at a bargain price. Owner is seeking a restaurant that offers a broad menu.