Historical Retail Sale Listing - Bank Owned Retail & Office

Retail For Sale

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Bank Owned Retail & Office

736 Brawley School Road, Mooresville, NC 28117

N/A

9,665 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
9,665 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Additional Sub-types:
Office Building
Restaurant
Neighborhood Center
Property Use Type:
Net Lease Investment with
4 years left on lease
Distressed:
Yes
Cap Rate:
8.80%
Occupancy:
49%
Tenancy:
Multiple
Listing ID
17629913
Last Updated
over 1 year ago

Description

Bank Owned Retail/Office space located on desirable Brawley School Road. Great visibility and ample parking.
Two of the units are currently leased with one of the tenants wanting to expand with tremendous upside! Only 49% leased with an 8.8 cap on existing income. Please see the attached package for an full rundown

Located on Brawley School Road in Mooresville

Map of 736 Brawley School Road, Mooresville, NC 28117 (Iredell County)

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