Tenant: Mooresville Crossing II | Mooresville, NC
Premises: 72,881 SF
Renewal Options: Varies
Lease Expiration: Varies
Rental Increases: Varies
Sands Investment Group is Pleased to Present Exclusively For Sale the Mooresville Crossing II Shopping Center Located at 647-657 River Highway in Mooresville, NC. With a Mix of National and Local Tenants Situated on a Two Building Site, the 97.5% Leased, 72,881 SF Asset Offers a Stabilized Investment With Rent Escalations During the Term and Option Periods, Along With Immediate Lease-Up, Providing Upside in Cash Flow. The Asset Benefits From Its Location in the Heart of the Primary Retail Corridor in One of the Fastest Growing Suburbs in the Charlotte MSA With the Population Within a 3-Mile Radius Having Grown 32% Over the Last 10 Years and Projected Growth of Almost 10% Within the Next Five Years. Anchored By Ashley Furniture and Fear Less Entertainment, the Property is Located Adjacent to Major Retail Tenants.
In Cooperation With Sands Investment Group North Carolina, LLC – Lic. # 29362 BoR: Amar Goli – Lic. # 310575
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities