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710 N Broad St
Mooresville, NC 28115
Asking Price
$2.98M
Asset Type
Retail
Class
Class B
What's Special
Retail | 31,547 SqFt <ul><li>Mixed Use Development with 31,547 SF of income producing property with asking price of only $94 PSF</li><li>Priced at $2,980,000 with strong upside income potential</li><li>67% Occupied with below market rates making for great value add opportunity</li><li>2.72 Deeded Acres which makes for a Great Covered Land Play, while receiving a strong CAP rate on In Place Income</li><li>Parcel number: 4667261986</li></ul>
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NOI
$80,000
Cap Rate
2.68%
DSCR
0.45
Underwater
Cash-on-Cash
-10.84%
Monthly Payment
$14,743.414
Annual Cash Flow
$-96,920.969
