Cape Centre

Located at 201–301 S Broadview Street in the heart of Cape Girardeau, this 18-acre retail property offers a highly central location surrounded by established shopping, restaurants, offices, and other commercial activity. The property benefits from convenient access to major roads and is positioned within an established commercial area with strong surrounding traffic and daily activity. With substantial parking, multiple retail buildings, and an existing tenant base, the property offers both immediate income and significant opportunities for future growth. The location provides an excellent setting for retail, service, restaurant, and other commercial uses while giving a new owner the ability to capitalize on the property's considerable size and development potential.18 ACRES. ESTABLISHED RETAIL. SIGNIFICANT UPSIDE. A unique opportunity to acquire a large, centrally located retail property in Cape Girardeau. Located at 201–301 S Broadview Street, this approximately 18-acre property is surrounded by established shopping, restaurants, offices, and retail and offers a combination of existing income and substantial upside potential. Nearly all of the existing leasable space is leased or near lease-up, providing an established income stream for a new owner. The property's primary vacancy is the former Trees and Trends space, an approximately 45,000-square-foot anchor with abundant parking and two loading docks. The space provides an opportunity to attract one large tenant or potentially divide the space to accommodate multiple users. Beyond the existing buildings and income, the property offers several additional avenues for growth. A new owner could explore the potential sale of an outlot, development of additional retail space in the gap between existing buildings, and lease-up of the large vacant anchor. With its central location, substantial acreage, existing tenant base, abundant parking, and multiple paths to increase revenue and property value, this is a unique opportunity for an investor or owner-operator looking for both current income and future potential. Opportunities of this size and location in Cape Girardeau are rarely available.