120 Brawley School Rd

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120 Brawley School Rd

Mooresville, NC 28117
Asking Price
$1.40M
Asset Type
Retail
Class
Class B

What's Special

120 Brawley School Road is situated in a high-traffic commercial corridor in Mooresville, North Carolina. The neighborhood is characterized by a mix of established residential communities and professional businesses near the shores of Lake Norman. The property offers proximity to major national retailers, grocery anchors, and local dining options at the nearby Morrison Plantation and Mooresville Festival developments. Access to the site is provided via Brawley School Road, which serves as a primary east-west arterial connecting the area to Interstate 77, located less than two miles away. The property is suited for general retail, service-oriented businesses, or satellite medical offices. The location accommodates a diverse tenant profile ranging from boutique fitness studios and specialty salons to quick-service restaurants and professional consultancy firms. Due to its visibility and the affluent local demographic, the site is ideal for businesses that require high daily traffic counts and easy accessibility for commuters within the Lake Norman submarket. The versatile layout supports both national franchises and local independent operators seeking a presence in a growing suburban trade area.

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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