903-915 W Union St | Morganton, NC 28655
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
903-915 W Union St
Morganton, NC 28655
Auction - Mimosa Hills Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Auction October 25-27, 2021 | Starting Bid $1,500,000
- Stable cash flow, historically high occupancy, and recent leasing velocity; Ollie’s commenced in 2021 and Planet Fitness recently executed a new 10-yr
- 0.5-AC outparcel opportunity included in sale and offers investors significant development or resale, adjacent to McDonald’s & KFC outparcel being dev
- ±99,100 SF neighborhood retail center co-anchored by Ollie’s, Planet Fitness, Dollar General and complimentary mix of internet resistant tenants
- Various avenues for upside including vacancy absorption of the 2 available units totaling 8,800 SF, percentage rent, staggered lease expirations
- Located along US-70, a primary east-west thoroughfare in Morganton in a high traffic area with ±20K VPD and ±2-mi from I-40 providing easy access
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
98,876 SF
Building Class
C
Year Built
1968
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.24
Lot Size
9.59 AC
Zoning
NC - General Commercial
Parking
404 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 33221 | Improvements Assessment | $328,365 |
| Land Assessment | $798,590 | Total Assessment | $1,126,955 |
PROPERTY TAXES
Parcel Number
33221
Land Assessment
$798,590
Improvements Assessment
$328,365
Total Assessment
$1,126,955
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
