Property Details
For Sale: Freestanding Dark Rite-Aid located in Mooresville, North Carolina
The Twist Capital Team of Colliers International presents the opportunity to acquire this freestanding Dark Rite- Aid located at 614 Brawley School Road, Mooresville, NC. The property is strategically positioned at the northwest corner of the Brawley School Road and Williamson Road signalized intersection. The building location benefits from the adjacent Mooresville Town Square, a shopping center with Lowe's as the anchor tenant.
High Yield for Walgreens Credit - Investment Grade (S&P: BBB)
Lease guaranteed by one of the nations top drugstore chains
Growing Market - The Charlotte MSA ranks among the top MSA’s in US for growth
Absolute NNN Lease - 10 years of Lease term remaining
Great Value-Add Opportunity while maintaining current cash-flow (Leasing or Redevelopment)
Strong Location - Subject is located in a premier trade area adjoining established residential areas
Solid Real Estate Fundamentals - Signalized Corner on high traffic roads (Brawley School Rd: 28,200 VPD and Williamson Rd: 21,400 VPD)
Affluent Charlotte Suburb - Property features Above Average Income ( $109k AAHI in 1-mile radius)
- Property TypeRetail
- Year Built2009
- Total Acres0.26
- Number of Floors1
- ZoningCUCMX
- Property ID2177450