120 Gallery Center Dr - Restaurant FOR SALE


Mooresville, NC 28117
$3,200,000 USD
704-577-1835
120 Gallery Center Dr, Mooresville, NC for Sale
$3,200,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

NEW


120 Gallery Center Dr
Mooresville, NC 28117


HIGHLIGHTS

  • 2.54-acre site located less than ¼ mile from I-77 at Exit 36 with strong highway visibility.
  • Existing 7,956 SF building constructed in 2014, suitable for adaptive reuse or redevelopment.
  • Surrounded by a dense mix of national retailers, restaurants, and more than 10 hotels within a half-mile radius.
  • Zoned Community Commercial (CC), accommodating a wide range of commercial uses including retail and hospitality.
  • Future road and bridge improvements fully funded and scheduled to enhance accessibility to the area.

OVERVIEW

This 2.54-acre property offers a versatile redevelopment or owner/user opportunity directly off Exit 36 on I-77 in Mooresville, NC. Currently improved with a 7,956 SF former Golden Corral building constructed in 2014, the site is located less than a quarter mile from the interstate, providing excellent exposure and convenient access for customers and employees. Strategically positioned in a growing commercial corridor, the site benefits from a dense mix of national retailers including Target, Sam’s Club, Lowe’s, Walmart, Best Buy, and numerous dining options. Over 10 hotels are located within a half-mile radius, providing a strong draw for hospitality and retail support businesses. Zoned CC (Community Commercial), the property allows for a variety of uses including retail, hotel, and other commercial ventures. This highly visible parcel sits at one of North Charlotte’s busiest intersections with daily traffic counts of approximately 64,500 vehicles on I-77 and 36,000 vehicles on Highway 150. Future infrastructure enhancements, including a planned bridge and road widening north of the site, are fully funded and scheduled to start in 2029, ensuring long-term connectivity improvements and added value.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$402 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

CC

APN/PARCEL ID

4647-67-7286.000

ASK ABOUT THIS PROPERTY

Brad Grow6 Summit Partners LLCMore Info
704-577-1835

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Brad Grow6 Summit Partners LLCMore Info
704-577-1835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.