A familiar name in the truck tire business will return to Southeast Missouri with the opening of Richardson Tire Service at 4901 Nash Road in Cape Girardeau. Tom Kelsey, commercial broker with Lorimont Place, Ltd, who handled the real estate transaction, confirmed the sale of the 60,000 square-foot industrial building located on 7-acres of property to RichCo Real Estate, LLC. The property was owned by Penzel, Incorporated and was previously leased for many years to Spartech Plastics who warehoused plastic materials from their nearby plant.
It was Kelsey's understanding that Richardson Tire would occupy about half of the building with a truck and automobile tire sales and service operation. The Richardson family sold their truck tire operation started in Cape Girardeau in 1957 to Raben Tire, Inc. in 1992, which at the time had 20 locations throughout the region. Dan Richardson, the founder's son, was the general manager of that business until recently. Kelsey said he thought the new business would be up and running in the very near future after modifications to the space were completed. No sales price was announced, but the Lorimont website shows a listed price of $1,250,000.