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501 S Kingshighway
Cape Girardeau, MO 63703
Asking Price
$2.40M
Asset Type
Warehouse Retail
Class
Class B
What's Special
Retail - Warehouse - 19,338 SqFt - 2.86 acres <ul><li>19,338 SF commercial building</li><li>2.866 acre site with expansive paved parking/storage area</li><li>Prime frontage on South Kingshighway (high-traffic corridor)</li><li>Excellent visibility and access</li><li>Near I-74 / Mississippi River bridge to Illinois</li><li>Quick access to Interstate 55</li><li>Former Tractor Supply | Current Habitat for Humanity ReStore</li><li>Value-add / redevelopment opportunity</li><li>Loading dock for distribution or service use</li><li>800-am
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NOI
$80,000
Cap Rate
3.34%
DSCR
0.56
Underwater
Cash-on-Cash
-8.66%
Monthly Payment
$11,849.153
Annual Cash Flow
$-62,189.839
