131 Summerville Dr - Industrial FOR SALE


Mooresville, NC 28115
$2,142,857 USD
704-251-9688
131 Summerville Dr, Mooresville, NC for Sale
$2,142,857 USD
Industrial - FOR SALE
1/8
null | 7% Cap Rate

131 Summerville Dr
Mooresville, NC 28115


OVERVIEW

Park Commercial Real Estate is pleased to present 131 Summerville Dr, a single-tenant NNN investment opportunity in Mooresville, NC. The property serves as the North Carolina headquarters for Airo Mechanical, a leading HVAC and plumbing contractor with a strong presence across the Southeast. Building Size: 11,521 SF Lot Size: 1.82 Acres Lease Structure: NNN Current NOI: $150,000 annually ($12,000/month) Lease Expiration: July 31, 2030, with three (3) one-year renewal options at CPI increases (3%–4%) Annual Escalations: CPI (no less than 3%, no more than 4%) Property Features: Large 14’ x 12’ grade-level door with dedicated loading position 24’ clear height warehouse with existing racking Fully fenced yard with automatic gate access Two-story office space with ADA-compliant elevator Ample on-site parking and secure IOS capability Excellent regional connectivity: 2.8 miles to I-77, 20 miles to I-40, and 37 minutes to Charlotte Douglas International Airport Tenant Overview: Founded in 2010, Airo Mechanical specializes in multifamily and commercial HVAC and plumbing projects, consistently delivering a 99% on-time completion rate. With backing from CCMP Growth Advisors, the company is positioned for continued expansion across the Southeast. This asset offers investors secure cash flow backed by a growing regional tenant, strong real estate fundamentals, and excellent proximity to major transportation corridors.

FOR SALE DETAILS

PRICE

$2,142,857 USD

PRICE/SF

$186 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Airo Mechanical Building

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4656-72-3876.000

ASK ABOUT THIS PROPERTY

Kelvin DayPark Commercial Real EstateMore Info
704-251-9688

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Kelvin DayPark Commercial Real EstateMore Info
704-251-9688

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