1215 S Main St | Sikeston, MO 63801
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- LoopNet Team
1215 S Main St
Sikeston, MO 63801
Ollie's 8+ Yrs Remaining – Walmart Adjacent · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- AUCTION APRIL 12-14, 2021 | STARTING BID $350,000
- Proforma NOI of ±$135,000 | Adjacent to the only Walmart & Lowe’s within extended 15-mile trade area
- Long-term lease in place with increases in the option periods | Lease signed during COVID shows tenant demand and strength of location
- ±34,668 SF retail building, fully occupied by Ollie’s Bargain Outlet and located at signalized intersection
- Attached to strip center with national/credit tenants including Harbor Freight, GameStop, Sally Beauty, Hibbett Sports, GNC, and Cato
- Ownership will be re-sealing and re-striping the parking lot prior to close of escrow
PROPERTY FACTS
Property Type
Retail
Property Subtype
Department Store
Building Size
34,462 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
4.53 AC
Zoning
CCM
Parking
186 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
562’ on Hennings
PROPERTY TAXES
| Parcel Number | 01-9.2-031-00-000-0016.05 | Improvements Assessment | $405,500 |
| Land Assessment | $75,800 | Total Assessment | $481,300 |
PROPERTY TAXES
Parcel Number
01-9.2-031-00-000-0016.05
Land Assessment
$75,800
Improvements Assessment
$405,500
Total Assessment
$481,300
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