Office Suites with Existing
301 Broadway St, Cape Girardeau, MO 63701
For Sale
Contact for pricing
A range of existing office layouts includes private rooms, meeting areas, and open-plan workspaces.
Property Size21,507 SF
Days on Market48
Property Features for 301 Broadway St
General Information
Standard status
Size
Class
Property subtype
Lease Term
Building Details
Building Size
Tenancy
Properties For Sale
at 301 Broadway St Contact us301 Broadway Suite 1
Size
3,600 SF
Type
Street Retail
Term
Negotiable
Suite 2A
Size
2,600 SF
Type
Executive Suites
Term
Negotiable
Suite 2B
Size
1,250 SF
Type
Creative/Loft
Term
Negotiable
Suite 2C
Size
2,625 SF
Type
Executive Suites
Term
Negotiable
Suite 2D
Size
2,900 SF
Type
Creative/Loft
Term
Negotiable
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Listing Agency:
Lorimont L.C.
Listed By:
Matt Huber · License MO #2023031239
(573) 510-3993
Source:
Lorimont
Added: Sep 26
Changed: Nov 2
Last Checked: Nov 12 at 6:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lorimont L.C.
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Investment Insights
Based on property information with market context.
Office suites range from 1,250 SF to 13,500 SF, with multiple floor plans and established interiors that include private offices, conference rooms, and open work areas. Dedicated off-street parking is available, and suite customization may be arranged to meet tenant requirements.
The historic property occupies a corner in downtown Cape Girardeau’s central business district. Restaurants, coffee shops, retail, banks, and entertainment are within walking distance. Government offices, professional services, and regional employers are nearby, with access to major regional transportation corridors.
The historic property occupies a corner in downtown Cape Girardeau’s central business district. Restaurants, coffee shops, retail, banks, and entertainment are within walking distance. Government offices, professional services, and regional employers are nearby, with access to major regional transportation corridors.
Key Highlights
- Suites available from 1,250 SF to 13,500 SF
- Existing layouts include private offices, conference rooms, and open workspaces
- Multiple floor plans and possible suite customization
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$294,823
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,896,460
$5.9M
Cap Rate 7%
$4,211,757
$4.2M
Cap Rate 9%
$3,275,811
$3.3M
Market Conditions
NOI Build-Up for 21,507 SF
Gross rent
$495.5K $23.04/SF
− Vacancy
−$102.4K −$4.76/SF
EGI
$393.1K $18.28/SF
− OpEx
−$98.3K −$4.57/SF
NOI
$294.8K $13.71/SF
Area
Cape Girardeau County, MO
Vacancy
20.67%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,896,460
Cap Rate 7%
$4,211,757
Cap Rate 9%
$3,275,811
Alternative Uses
Best Use
Office B
$4.21M
$3.69M – $4.91M
NOI $294,823 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.79M
$5.94M – $7.92M
NOI $474,952 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
Explore this area
Business Placement
Demographics for 63701, MO
39,246
Population
17,834
Households
2.2
Avg Household Size
35
Median Age
39%
College-Educated
94%
High-School Grad
132.7 sq mi
ZIP Area
296
Density / Sq Mi
$67,904
Median Household Income
$32,655
Median Earnings
$863
Median Rent
$209,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Cape Girardeau County, MO
Properties on Market for Office Units in Cape Girardeau County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A range of existing office layouts includes private rooms, meeting areas, and open-plan workspaces.
Where is this office unit located?
The property is located at 301 Broadway St Cape Girardeau, MO.
What are key features of this property?
This property features: Suites available from 1,250 SF to 13,500 SF; Existing layouts include private offices, conference rooms, and open workspaces; Multiple floor plans and possible suite customization
