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HuHot Mongolian Grill Investment Property for Sale in Sioux City, IA

September 10, 2026

Exterior view of HuHot Mongolian Grill at 4229 S Lakeport Street, Sioux City, IA 51106, featuring a freestanding restaurant building, monument signage, landscaped frontage, dedicated parking, and visibility along South Lakeport Street

For Sale: HuHot Mongolian Grill | 4229 S Lakeport St, Sioux City, IA 51106
$2,900,000 | 7.22% CAP | 5,919 SF

Now available for sale, this freestanding HuHot Mongolian Grill investment property is located at 4229 S Lakeport Street in Sioux City, Iowa and is offered at $2,900,000 with a 7.22% CAP rate. Situated within one of Sioux City’s premier retail corridors, the property is backed by a new 10-year lease with scheduled rent escalations and benefits from strong traffic counts, surrounding retail synergy, and a well-established presence within a dominant trade area.

Operating at this location since 2003, HuHot has become a longtime community staple and remains one of the strongest-performing locations in the Midwest. With strong sales performance, a favorable 7.71% rent-to-sales ratio, and a long operating history, the asset offers investors stable cash flow and built-in income growth. Additionally, the 5,919-square-foot freestanding building provides long-term investment stability supported by an established tenant and proven operating performance.

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