872 River Hw

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872 River Hw

Mooresville, NC 28117
Asking Price
$925K
Asset Type
Retail
Class
Class B

What's Special

872 River Highway is located in the primary commercial corridor of Mooresville, North Carolina. Positioned along State Highway 150, the property benefits from high daily traffic counts and proximity to Lake Norman. The surrounding neighborhood features a dense concentration of regional shopping centers, national retailers, and professional services. Access to the site is supported by multiple ingress and egress points, with Interstate 77 situated less than two miles away, providing direct connectivity to the greater Charlotte metropolitan area. The property is suited for diverse retail applications, including traditional storefronts, specialty boutiques, or consumer service providers. Its location within a high-growth residential area makes it a viable site for neighborhood-oriented businesses or regional franchises seeking visibility. Typical tenants for this asset profile include fitness studios, healthcare clinics, or quick-service food operators. The layout and zoning support businesses that require high-profile signage and accessible parking for a consistent customer base.

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NOI
$80,000
Cap Rate
8.65%
DSCR
1.46
Strong
Cash-on-Cash
9.04%
Monthly Payment
$4,576.395
Annual Cash Flow
$25,083.256

Location & Travel Times