235 Medical Park Rd - Storefront Retail/Office FOR SALE


Mooresville, NC 28117
$3,751,668 USD
980-819-0119
235 Medical Park Rd, Mooresville, NC for Sale
$3,751,668 USD
Storefront Retail/Office - FOR SALE
1/4
null | 6.85% Cap Rate

235 Medical Park Rd
Mooresville, NC 28117


HIGHLIGHTS

  • Fully Leased with a cohesive, long standing tenant mix.
  • Mix of local and National Tenants.
  • Excellent proximity to professional office, medical office, and a diverse retail community.
  • 0.4 miles from Lake Norman Regional Hospital.
  • 1.2 miles from the Lowe’s Home Improvement Corporate offices.
  • Charlotte Highway (US 21) with 24,000 VPD.

OVERVIEW

This investment opportunity presents a rare combination of stability and growth potential, centered around a fully leased retail and medical building strategically positioned within close proximity to a bustling commercial district spanning 1.5 million square feet. Moreover, with a projected population growth of 10-12%, the surrounding area promises sustained demand for both retail and medical services, underpinning the long-term viability of the investment. This unique blend of a stable, income-generating asset and promising growth prospects positions the investment as an attractive proposition for investors seeking both short-term returns and long-term appreciation.

FOR SALE DETAILS

PRICE

$3,751,668 USD

PRICE/SF

$301 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

NC

APN/PARCEL ID

4646-81-5619.000,4646-81-6510.000

ASK ABOUT THIS PROPERTY

Charles NeilDivaris Real Estate, Inc.More Info
980-819-0119

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Charles NeilDivaris Real Estate, Inc.More Info
980-819-0119

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