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133 River Park Rd 16,596 SF 67% Leased Office Building Mooresville, NC 28117 $4,400,000 ($265.12/SF) 6.56% Cap Rate
Investment Highlights
- Easy access of of Hwy 150.
- Modern finishes.
- Ample parking with abundant natural light on all three floors.
- Future owner can sell individual condos to multiple buyers.
Executive Summary
Prime opportunity for an investor or owner operator to acquire an income generating commercial building in growing Mooresville North Carolina. Built in 2006 by a local builder, this +16,000 sf building currently leases to several general office users that have leases in place for +3 years. There are two interior stairwells, one elevator and eight ADA bathrooms as well as full bathroom with shower within three stories of modern space. Slate flooring and solid wood cabinetry in most spaces with glass doors and natural light throughout. The second floor suite can be occupied by an owner with over 5400 sf and over 12 private offices and open space with a conference room. Building is located in a wooded lot with 52 parking spaces, an outdoor gazebo. Located within 2.7 miles of I77. Building is comprised of 11 office condos and a future owner could choose to sell off individual condos.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
16,596 SF
Building Class
A
Year Built
2006
Price
$4,400,000
Price Per SF
$265.12
Cap Rate
6.56%
NOI
$288,546
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,532 SF
Building FAR
0.26
Lot Size
1.46 AC
Zoning
RO - Commerical
Parking
50 Spaces (3.01 Spaces per 1,000 SF Leased)
Amenities
- Security System
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Modern office space with 5400 sf containing 12 private offices, 4 conference rooms and a bull pen area. Space boasts natural light in all offices, glass doors, slate and carpeted flooring with wood cabinetry and elevator access. Ample parking on a wooded lot with easy access to Hwy 150 and I77.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 210 | 2,000-5,400 SF | Office | Full Build-Out | Jul 2026 |
2nd Fl-Ste 210
| Size |
| 2,000-5,400 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Jul 2026 |
2nd Fl-Ste 210
| Size | 2,000-5,400 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Jul 2026 |
Modern office space with 5400 sf containing 12 private offices, 4 conference rooms and a bull pen area. Space boasts natural light in all offices, glass doors, slate and carpeted flooring with wood cabinetry and elevator access. Ample parking on a wooded lot with easy access to Hwy 150 and I77.
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 4637-39-6614.000 | Improvements Assessment | $0 |
| Land Assessment | $10 | Total Assessment | $10 |
Property Taxes
Parcel Number
4637-39-6614.000
Land Assessment
$10
Improvements Assessment
$0
Total Assessment
$10
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133 River Park Rd