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166-186 N Broad St 21,802 SF 100% Leased Office Building Mooresville, NC 28115 $5,475,000 ($251.12/SF) 6.16% Cap Rate



Investment Highlights
- Prime location
- Great investment opportunity
Executive Summary
Property consists of 9 retail/office spaces; 4 1-bedroom apartments; 4 2-bedroom apartments; 1200sq ft Out Building - all of which are currently leased. Parking: 36 on site parking spots.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
21,802 SF
Building Class
B
Year Built
1990
Price
$5,475,000
Price Per SF
$251.12
Cap Rate
6.16%
NOI
$337,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,901 SF
Building FAR
0.63
Lot Size
0.79 AC
Zoning
TC - Town Center
Parking
24 Spaces (1.1 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 4667-12-1475.000 | Improvements Assessment | $3,049,580 |
| Land Assessment | $714,160 | Total Assessment | $3,763,740 |
Property Taxes
Parcel Number
4667-12-1475.000
Land Assessment
$714,160
Improvements Assessment
$3,049,580
Total Assessment
$3,763,740
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166-186 N Broad St
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