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657 River Hwy
Mooresville, NC 28117
Mooresville Crossing II Shopping Center · Retail Property For Sale
Investment Highlights
- STABILIZED INVESTMENT WITH UPSIDE: Mooresville Crossing II is 97.5% Leased to a Mix of National, Regional and Local Tenants
- 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
- LONG-TERM OPERATING HISTORY: Ashley HomeStore, Hickory Tavern and Zaika Have Been Tenants in the Shopping Center Since 2012 or Earlier
- STRONG DEMOGRAPHICS WITH EXPLOSIVE GROWTH: Strong Sub-Market of the Charlotte MSA, One of the Fastest Growing Cities in the United States
- STRONG CONSUMER BUYER POWER: The Average Household Income Within a 3-Mile Radius of the Center is Over $99,065
- NON-RECOURSE ASSUMABLE LOAN: Providing Solid Cash-On-Cash Returns
Property Facts
Property Type
Retail
Property Subtype
Building Size
62,161 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.16
Lot Size
9.15 AC
Zoning
C - Commercial
Parking
220 Spaces (3.02 Spaces per 1,000 SF Leased)
Frontage
383’ on River Hwy
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 4647-16-9461.000 | Improvements Assessment | $6,867,920 |
| Land Assessment | $3,073,060 | Total Assessment | $9,940,980 |
Property Taxes
Parcel Number
4647-16-9461.000
Land Assessment
$3,073,060
Improvements Assessment
$6,867,920
Total Assessment
$9,940,980
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