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South Pointe Shopping Center 1209 S Main St 49,173 SF Retail Building Sikeston, MO 63801 $3,750,000 ($76.26/SF)
Executive Summary
- 80% National tenants with strong historical tenancy and recent renewals and expansions by Harbor Freight, CATO, and Hibbett Sports, all proving commitment and success at the center and in the market.
- Majority of tenants operate under triple net (NNN) lease agreements, providing stable income with limited landlord obligations.
- The property’s existing vacancy presents an attractive opportunity for a new owner to unlock additional value. Leasing the available suites would increase occupancy, strengthen cash flow, and drive NOI growth while positioning the center for long-term stability and appreciation.
- Strong residential community with an average household income of $77,827 within a 5-mile radius. South Pointe draws from a 15 mile radius making Sikeston a preferred shopping destination. (Next closest Walmart is over 24 miles away)
- High visibility and centrally located within the main retail corridor, surrounded by numerous complimentary retailers. Plus, first signalized intersection on the South Main Street exit of US Route 60 (Busiest interchange in Sikeston - 40,000 VPD)
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
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- -
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Harbor Freight Tools is a privately held discount tool and equipment retailer founded in 1977 by Eric Smidt and Allan Smidt. Headquartered in Calabasas, California, the company began as a mail-order business and opened its first retail store in 1980. Harbor Freight operates over 1,600 stores across 48 states and employs more than 30,000 people. The retailer offers a wide range of products, including hand tools, power tools, automotive equipment, generators, and shop supplies, marketed under proprietary brands such as Pittsburgh, Bauer, Hercules, and U.S. General. Harbor Freight’s business model focuses on direct sourcing from manufacturers to reduce costs and provide tools at prices significantly lower than competitors. The company also maintains a strong e-commerce presence and offers financing options, loyalty programs, and extended service plans. Harbor Freight remains family-owned and is recognized for its commitment to affordability and value in the tool retail industry.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-9.2-031-00-000-0019.01 | Improvements Assessment | $476,500 |
| Land Assessment | $119,500 | Total Assessment | $596,000 |
Property Taxes
Contact the Sale Advisor
South Pointe Shopping Center | 1209 S Main St