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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 FT on Hennings
  • Listing ID: 22396073

  • Date on Market: 3/4/2021

  • Last Updated:

  • Address: 1215 S Main St, Sikeston, MO 63801