1035 Mecklenburg Hw

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1035 Mecklenburg Hw

Mooresville, NC 28115
Asking Price
$16.00M
Asset Type
Industrial
Class
Class B

What's Special

Located at 1035 Mecklenburg Highway, this industrial property is situated within the southern corridor of Mooresville, North Carolina. The neighborhood features a mix of commercial and industrial developments, supported by proximity to retail centers and dining options along the Highway 115 and Highway 21 corridors. The site offers efficient logistical placement with direct frontage on Highway 115 and is positioned approximately three miles from Interstate 77. This location provides streamlined transportation access to the greater Charlotte metropolitan area and regional distribution hubs. The property is suited for light manufacturing, regional distribution, or specialized flex-space operations. Its physical characteristics accommodate tenants requiring warehouse storage, assembly facilities, or contractor yards. Typical occupants for an asset in this submarket include logistics providers, construction services, and wholesale distributors seeking proximity to both the Lake Norman residential market and the Charlotte industrial circuit. The site’s visibility and accessibility make it a functional choice for businesses prioritizing regional connectivity and local service capacity.

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NOI
$80,000
Cap Rate
0.50%
DSCR
0.08
Underwater
Cash-on-Cash
-18.12%
Monthly Payment
$79,159.27
Annual Cash Flow
$-869,911.241

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