Cotton Ridge Development Land Opportunity

Highlights:

• • Opportunity Zone Commercial Development Opportunity – Sikeston, MO (Regional Hub)
• • 1.50 Acre – 9.5 Acre Lots Available - $5.50/SF - $6.50/SF – Total Land Available ~58 Acres
• • Carlisle Construction Expansion Nearby - $62MM Production & Manufacturing Plant – 100+ New Jobs
• • Adjacent to Walmart Supercenter – Regional Draw, 9th Store Sam Walton Ever Built in the Chain
• • AT&T in Front of Walmart was the #6 Performing Store in the Country
• • Surrounding Retailers – Lowe’s, Harbor Freight, Aldi, Taco Bell, Arby’s, McDonald’s, Sonic
• • Hwy 60 to Become I-57 to Little Rock, AR – Already Signed into Federal Law
• • Hwy 60 Frontage - 14,000 CPD Will Double Counts with Completion of “Future I-57” Project
• • Hampton Inn Bought their Own Parcel - Has Strongly Recovered Revenues Post-COVID
• • Watami Bought their Own Parcel - Very Successful Location for them Despite COVID
• • Fast Growing Market with Strong Housing Demand and Job Growth
• • Adjacent Malco Theaters Very Successful - 7 Lease Years Remaining on their Brand New Building
• • Nearby Regional Draw Lambert’s Cafe (Sees ~700,000 Customers/Year)
• • Local Landowners Seeking to Develop an Agricultural Museum at this Project

Description:

We are pleased to offer to qualified investors an opportunity to purchase a unique development
opportunity that includes ~58 acres of land directly adjacent to Walmart Supercenter, Lowe’s,
Hampton Inn, McDonald’s and many other tier-1 national tenants with frontage on Highway 60 in
Sikeston, MO – a regional hub in Southeast Missouri. Highway 60 is currently being transformed
into Interstate 57 (already signed into federal law) allowing for greater exposure to traffic counts that
will double once the “Future I-57” project is completed. The offering allows developers/investors the
ability to acquire 1.5 acres to 9.5 acre lots in an opportunity zone. Additionally, this development is
part of a Tax Increment Financing District (TIF) that reimburses a portion of the development costs
back to the developer (inquire with broker for additional details). This is an excellent opportunity
to acquire developable land in a well-located commercial-zoned area that provides developers
with attractive tax incentives, a pro-development municipality and the ability to capitalize on new
regulation transforming Highway 60 into Interstate 57 making this a true regional destination.

Sikeston is a city located both in southern Scott County and northern New Madrid County, in the state of Missouri. It is situated just north of the “Missouri Bootheel”, although many locals consider Sikeston a part of it. By way of Interstate 55, \Interstate 57, and U.S. Route 60, Sikeston is close to the halfway point between St. Louis and Memphis and three hours from Nashville. The city is named after John Sikes, who founded it in 1860. It is the principal city of the Sikeston Micropolitan Statistical Area, which consists of all of Scott County, and has a total population of 41,143.

As of the 2010 census, the city population was 16,318, making it the fourth most populous city in Missouri’s 8th Congressional district (map) behind Cape Girardeau, Rolla, and Poplar Bluff and just ahead of Farmington.

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