North Moore Plaza is a three-building mixed-use complex featuring both office and retail space, strategically located along the west side of the I-35 service road. This prime location offers excellent visibility and accessibility from both northbound and southbound service road traffic, ensuring strong exposure for tenants and customers.
The property consists of 30 units, some combined, with a total of 16 established tenants representing a healthy mix of office and retail users. Current occupancy stands at 87%, with three second-generation vacancies totaling 4,788 SF, providing immediate upside potential with minimal to no build-out required. The tenant base is stable and well-established, contributing to consistent income performance.
North Moore Plaza spans 4.32 acres and includes 174 parking spaces, delivering a generous parking ratio of 4.8 spaces per 1,000 SF. The roofs are pitched with asphalt shingles, and the property has been well maintained, including a resurfaced and restriped parking lot completed approximately three years ago. The asset currently produces a Net Operating Income of $302,062, reflecting a strong “going-in” capitalization rate of 7.75%.
In excellent condition and positioned in a high-growth trade area, this property offers investors a well-priced opportunity to acquire a stable, income-producing asset with value-add potential through lease-up.