1209 S Main Street, Sikeston, MO 63801 For Sale

South Pointe Shopping Center is a Walmart shadow-anchored multi-tenant neighborhood shopping center located at 1209 S Main Street in Sikeston, Missouri. The property comprises 49,173 square feet of rentable space on 7.14 acres and is currently 78.34% occupied. The center is shadow-anchored by Walmart Supercenter, Ollie's Bargain Outlet, Sikeston Cinema, and is directly across from Lowe's Home Improvement, providing exceptional visibility and traffic within the main retail corridor of Sikeston.

The property benefits from high visibility and central location within the main retail corridor, surrounded by numerous complementary retailers. It is positioned at the first signalized intersection on the South Main Street exit of US Route 60, the busiest interchange in Sikeston with 40,000 vehicles per day. The center serves a strong residential community with an average household income of $77,827 within a 5-mile radius and draws from a 15-mile radius, making Sikeston a preferred shopping destination with the next closest Walmart over 24 miles away.

South Pointe Shopping Center features 80% national tenants with strong historical tenancy and recent renewals and expansions by Harbor Freight, CATO, and Hibbett Sports, demonstrating their commitment and success at the center. The 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 through leasing available suites, which would increase occupancy, strengthen cash flow, and drive NOI growth.