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235 Medical Park Rd 12,460 SF 94% Leased Retail Building Mooresville, NC 28117 $3,751,668 ($301.10/SF) 6.85% Cap Rate



Investment Highlights
- Fully Leased with a cohesive, long standing tenant mix.
- Excellent proximity to professional office, medical office, and a diverse retail community.
- 1.2 miles from the Lowe’s Home Improvement Corporate offices.
- Mix of local and National Tenants.
- 0.4 miles from Lake Norman Regional Hospital.
- Charlotte Highway (US 21) with 24,000 VPD.
Executive Summary
promising growth prospects positions the investment as an attractive proposition for investors seeking both short-term returns and long-term appreciation.
Property Facts Under Contract
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Accent Lighting
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Big League Hot Dog Co
- Retailer
- -
- -
- -
- Lakeshore Women's Specialists, PC
- Health Care and Social Assistance
- 3,000 SF
- -
- -
Back in 1973 the original focus of Monsoon was on providing clothes with ethnic origins. Remaining true to its roots, Monsoon has grown to draw on creative inspiration from across the globe by creating relevant, beautiful and artisanal pieces across a range of areas: from occasion to beach, from knits to casual. Designed in London, inspired by afar. Their story begins with one man and his vision; to bring vibrant, colourful, hand-crafted artisan clothes from faraway places to the markets of London. It is a journey that started on a hippy commune in Ibiza, 1970, and finished with an overland trip east, through Afghanistan and India. Their founder, Peter Simon, returned from his life-changing adventures to pursue a new passion for beautiful, bohemian-inspired pieces with hand-printed, hand-woven and crochet design details, which he started to trade from a stall on Portobello Road, London.
- Orange Cleaners
- Services
- 500 SF
- -
- -
Starbucks began in 1971 as a coffee business in Seattle, where the company first sold coffee beans and related equipment before evolving into a broader coffeehouse brand. The business now focuses on responsibly sourced arabica coffee, company-operated and licensed coffeehouses, and a growing consumer-packaged goods presence. Starbucks has built a wide market presence around specialty coffee, with offerings that span brewed drinks, espresso-based beverages, food, and retail products distributed through its store network and packaged-goods channels.
- Sumo Shack Llc
- Accommodation and Food Services
- 500 SF
- -
- -
- The Dugout
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Big League Hot Dog Co | Retailer | - | - | - | ||
| Lakeshore Women's Specialists, PC | Health Care and Social Assistance | 3,000 SF | - | - | ||
|
Retailer | - | - | - | ||
| Orange Cleaners | Services | 500 SF | - | - | ||
|
Accommodation and Food Services | 1,900 SF | - | - | ||
| Sumo Shack Llc | Accommodation and Food Services | 500 SF | - | - | ||
| The Dugout | Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Rent: $2,686/Month
| Space | Size | Space Use | Position | Available |
| 103 | 796 SF | Retail | - | Now |
103
| Size |
| 796 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
103
| Size | 796 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Rent: $2,686/Month
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,827,200 | |
| Land Assessment | $396,000 | Total Assessment | $3,223,200 |
Property Taxes
Presented by
235 Medical Park Rd
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