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28755336

2751 N Main St, Sikeston, MO 63801 For Sale

MB
CA 01977909
Newmark | Orange County - Irvine
SK
CA 02002301
Newmark | Orange County - Irvine
Newmark | Orange County - Irvine
Listed by Newmark | Orange County - Irvine
$10,885,000
226 days on market
Updated 33 days ago

FedEx Ground - Sikeston, MO

Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 79,391
Cap Rate 6.5%
NOI $707,548
Occupancy 100%
Tenancy Single
Brand/Tenant FedEx
Lease Type NN+
Lease Term 18.1
Lease Expiration 08/31/2030
Remaining Term 4.1
Rent Bumps Yes
Lease Options 1 (5-Year)
Price per SqFt $137
Class A
Year Built 2012
Year Renovated 2015
Acreage 10.000
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/20/2012
Ground Lease No
Ownership Fee Simple (Land & Building)
Sale Condition For sale by owner

FedEx Ground | Over $4M Invested in Expansion & Strategic Upgrades | MO

Investment highlights

  • FedEx Ground Location | (NYSE: FDX - S&P: BBB) | $88.59 Billion & $10.59 Billion in Trailing 12-Month Revenue & EBITDA | FedEx Ranked #49 on Fortune’s List of America’s Largest Public Companies and achieved a Market Cap of $59.69 Billion in Nov-2025

  • Major FedEx Capital Contributions | Over $4M Invested in Expansion and Strategic Upgrades | Built in 2012 and Expanded in 2015

    • Project 1 (2025-26): Approximately $3 million is being invested to install 25 new back-in doors, expanding vanline capacity. Additional improvements include new concrete pavement for van parking, 21 van staging spaces, and a standard canopy system with gutters and downspouts.

    • Project 2 (2025-26): FedEx is committing an additional $855,000 to a Vanline and Parking Expansion Project, which will add 7 tractor parking spaces, 6 dolly spaces, 25 trailer spaces, 20 van staging spaces, and 39 auto parking spaces—further optimizing logistics flow.

    • Project 3 (2024): FedEx completed an expansion of the material handling capacity inside the building by adding an interior conveyor and a mobile side load trailer dock (total cost N/A).

    • Project 4 (2015): FedEx completed its first expansion of the building, adding approximately 35,632 SF (total cost N/A).

  • 4.8 Years of Firm Term Remaining | 1 (5-Year) Option Remaining with a 5.00% Rental Increase | Passive NN Lease with Landlord Responsibilities Limited to Roof & Structure

  • Diverse & Dynamic Economic Center | Regional Hub in Southeastern Missouri | Expanding Manufacturing & Distribution Hub | 1-Day Drive to Major US Metros

Listing Contacts

MB
CA 01977909
Newmark | Orange County - Irvine
SK
CA 02002301
Newmark | Orange County - Irvine
Newmark | Orange County - Irvine
Listed by Newmark | Orange County - Irvine

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$707,548.00
$58,962.33/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Tim McKay
License
MO #SP 2024044439
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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