657 River Hwy - Storefront FOR SALE
Mooresville, NC 28117 |
657 River Hwy
Mooresville, NC 28117
HIGHLIGHTS
- STABILIZED INVESTMENT WITH UPSIDE: Mooresville Crossing II is 97.5% Leased to a Mix of National, Regional and Local Tenants
- STRONG DEMOGRAPHICS WITH EXPLOSIVE GROWTH: Strong Sub-Market of the Charlotte MSA, One of the Fastest Growing Cities in the United States
- WELL-LOCATED WITH EXCEPTIONAL ACCESS: Mooresville Crossing II is Located on River Highway (42,225 VPD), Which is One of the Busiest Roads in Iredell
- STRONG CONSUMER BUYER POWER: The Average Household Income Within a 3-Mile Radius of the Center is Over $99,065
- LONG-TERM OPERATING HISTORY: Ashley HomeStore, Hickory Tavern and Zaika Have Been Tenants in the Shopping Center Since 2012 or Earlier
- NON-RECOURSE ASSUMABLE LOAN: Providing Solid Cash-On-Cash Returns
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Mooresville Crossing II Shopping Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Restaurant, Storefront, Department Store
TOTAL BUILDING SIZE
62161
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
220
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
4647-16-9461.000
