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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
- Shadow anchored by Walmart Supercenter, Ollie’s Bargain Outlet, Sikeston Cinema, and directly across from Lowe’s.
- 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)
- 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
Sale Type
Investment
Property Type
Retail
Building Size
49,173 SF
Building Class
B
Year Built
1980
Price
$3,750,000
Price Per SF
$76.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
7.14 AC
Opportunity Zone
Yes
Parking
84 Spaces (1.71 Spaces per 1,000 SF Leased)
Frontage
271’ on Stallcup Drive
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Harbor Freight Tools
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Harbor Freight Tools | Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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
Parcel Number
01-9.2-031-00-000-0019.01
Land Assessment
$119,500
Improvements Assessment
$476,500
Total Assessment
$596,000
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South Pointe Shopping Center | 1209 S Main St
