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760 S Kingshighway 41,542 SF 43% Leased Office Building Cape Girardeau, MO 63703 $2,399,000 ($57.75/SF)
Investment Highlights
- Great S. Kingshighway Center
- High Traffic & Visibility Location
- Potential for Additional Development
- Mix of Retail, Service, and Office Tenants
- Abundant Off-Street Parking
- Great Commercial Area
Executive Summary
Presenting a compelling, value-added investment opportunity in the Cape Girardeau area, this 41,542 SF building is ideally positioned on S. Kingshighway. The property provides a versatile platform for retail, service, and office tenants, offering immediate appeal to investors seeking a high-traffic, high-visibility location. With an abundant off-street parking, this prime asset is perfectly suited to meet the needs of today's retail and strip center investors, showcasing the potential forshort term and long-term growth and success in the dynamic Cape Girardeau market. Recently appraised at $3.2 million.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
41,542 SF
Building Class
C
Year Built
1970
Price
$2,399,000
Price Per SF
$57.75
Percent Leased
43%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
41,542 SF
Building FAR
0.27
Lot Size
3.50 AC
Opportunity Zone
Yes
Zoning
Commercial
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office space with a combination of large open areas and private offices. Suitable for various types of operations with immediate availability.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste C | 5,710 SF | Office | Full Build-Out | Now |
1st Fl-Ste C
| Size |
| 5,710 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste C
| Size | 5,710 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Office space with a combination of large open areas and private offices. Suitable for various types of operations with immediate availability.
1 1
Property Taxes
| Parcel Number | 20-316-00-04-00100-0000 | Total Assessment | $449,600 |
| Land Assessment | $97,490 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $352,110 | Tax Year | 2025 |
Property Taxes
Parcel Number
20-316-00-04-00100-0000
Land Assessment
$97,490
Improvements Assessment
$352,110
Total Assessment
$449,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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760 S Kingshighway
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