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Lakeside Storage Condo Portfolio 16 Condos Offered at $6,150,000 in Mooresville, NC

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Investment Highlights

  • Located in the Charlotte Region's NASCAR Corridor
  • Vacancies Typically Backfilled or Pre-Leased within 24-48 Hours
  • 14' Drive-in Doors Allow RV, Trailer, and Large Equipment Capability
  • Stabilized Multi-Tenant Industrial Investment with No Historical Rent Interruptions
  • Multiple Tenants with 10+ Year Occupancy History
  • Secure / Controlled Access Industrial Environment

Executive Summary

Strategic Location Within NASCAR & Advanced Manufacturing Corridor
Located in the Charlotte region’s motorsports and performance engineering hub, providing access to one of the most specialized industrial ecosystems in the United States with strong tenant demand driven by location-dependent users.
Stabilized Multi-Tenant Industrial Cash Flow
Diversified tenant mix providing multiple income streams and reduced single-tenant risk exposure.
Proven Long-Term Tenant Durability
Several tenants have maintained occupancy for more than 10 years, demonstrating operational reliance on location and facility functionality.
Exceptional Leasing Velocity & Zero Historical Rent Interruption
Ownership reports no lapse in rental income. Vacancies are typically pre-leased or backfilled within 24 to 48 hours, supporting predictable income continuity and demonstrating strong submarket demand.
Strong Small-Bay Industrial Demand Fundamentals
Limited availability of comparable small-bay industrial product continues to support occupancy stability and rental performance.
Institutional Quality Asset Metrics
±30,591 SF Industrial Asset
5.80% In-Place CAP Rate
7.15% + Proforma future CAP Rate
Income-Producing at Time of Acquisition
Appealing to Multiple Buyer Profiles
Well suited for private investors, 1031 exchange buyers, and groups seeking stabilized industrial exposure with in-place cash flow and long-term hold characteristics.

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $6,150,000
Price / SF $200.97 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 5.80%
Sale Type Investment or Owner User
Status Active
Number of Properties 16
Individually For Sale 0
Total Building Size 30,601 SF

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building 4
295 Cayuga Dr, 1st Floor - Unit A, Mooresville, NC 28117
Flex Condo 1,698 SF 2005 -
Building 3
291 Cayuga Dr, 1st Floor - Unit A, Mooresville, NC 28117
Flex Condo 1,340 SF 2006 -
Building 4
295 Cayuga Dr, 1st Floor - Unit M, Mooresville, NC 28117
Industrial Condo 3,811 SF 2005 -
Building 4
295 Cayuga Dr, 1st Floor - Unit I, Mooresville, NC 28117
Industrial Condo 2,335 SF 2005 -
Building 3
291 Cayuga Dr, 1st Floor - Unit D, Mooresville, NC 28117
Industrial Condo 2,334 SF 2006 -
Building 4
295 Cayuga Dr, 1st Floor - Unit J, Mooresville, NC 28117
Industrial Condo 2,324 SF 2005 -
Building 4
295 Cayuga Dr, 1st Floor - Unit C, Mooresville, NC 28117
Industrial Condo 2,038 SF 2005 -
Building 3
291 Cayuga Dr, 1st Floor - Unit E, Mooresville, NC 28117
Industrial Condo 2,010 SF 2006 -
Building 3
291 Cayuga Dr, 1st Floor - Unit F, Mooresville, NC 28117
Industrial Condo 2,010 SF 2006 -
Building 4
295 Cayuga Dr, 1st Floor - Unit K, Mooresville, NC 28117
Industrial Condo 2,010 SF 2005 -
Building 4
295 Cayuga Dr, 1st Floor - Unit L, Mooresville, NC 28117
Industrial Condo 2,010 SF 2005 -
Building 3
291 Cayuga Dr, 1st Floor - Unit G, Mooresville, NC 28117
Industrial Condo 2,000 SF 2006 -
Building 4
295 Cayuga Dr, 1st Floor - Unit B, Mooresville, NC 28117
Industrial Condo 1,652 SF 2005 -
Building 4
295 Cayuga Dr, 1st Floor - Unit E, Mooresville, NC 28117
Industrial Condo 1,012 SF 2005 -
Building 4
295 Cayuga Dr, 1st Floor - Unit F, Mooresville, NC 28117
Industrial Condo 1,012 SF 2005 -
Building 4
295 Cayuga Dr, 1st Floor - Unit G, Mooresville, NC 28117
Industrial Condo 1,005 SF 2005 -
Show More > < Show Less
  • Listing ID: 39405816

  • Date on Market: 2/11/2026

  • Last Updated:

  • Address: Lakeside Storage Condo Portfolio, Mooresville, NC

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