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235 Medical Park Rd

$3,751,668

235 Medical Park Rd, Mooresville, NC 28117

Active
Last Updated: 05/28/2025

12,460 sqft

Building Size

0.645 acres

Lot Area

Details:
Building Size:    12,460 sqft
Lot Area:    0.645 acres
Units:    5
Year Built:    2006
Floors:    2
Highlights:
  • 1st Floor Retail & 2nd Floor Medical Office
  • Fully Leased with a cohesive, long standing tenant mix
  • Mix of local and National Tenants
  • Excellent proximity to professional office, medical office, and a diverse retail community
  • 0.4 miles from Lake Norman Regional Hospital
  • 1.2 miles from the Lowe’s Home Improvement Corporate offices
  • Charlotte Highway (US 21) with 24,000 VPD
  • Contact Broker to Request Financials
Description:

This investment opportunity presents a rare combination of stability and growth potential, centered around a fully leased retail and medical building strategically positioned within close proximity to a bustling commercial district spanning 1.5 million square feet.

Moreover, with a projected population growth of 10-12%, the surrounding area promises sustained demand for both retail and medical services, underpinning the long-term viability of the investment.

This unique blend of a stable, income-generating asset and promising growth prospects positions the investment as an attractive proposition for investors seeking both short-term returns and long-term appreciation.

Located off I-77 Express Interchange and Charlotte Hwy
Highly trafficked corridor
I-77 Express with 83,000 VPD
Charlotte Hwy with 24,000 VPD
Located at entrance of Mount Mourne Medical Park
0.5 miles from Lowe's Home Improvement headquarters
Mix of local and National Tenants
.4 miles from Lake Norman Regional Hospital

Map:
Documents:
Title
Sale_Brochure.pdf
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Today's Available Mortgage Rates

235 Medical Park Rd, Mooresville, North Carolina 28117

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 05/31/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$12,281 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $1,913,351 Loan Amount
Bank*Lender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.08% 7 Year Fixed
Mo. Payment$12,909 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $1,988,384 Loan Amount
Bank*Lender #1459
10 Year Fixed
25 Year Amortization
Interest rate 6.08% 10 Year Fixed
Mo. Payment$12,909 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $1,988,384 Loan Amount
Largest Commercial Real Estate Lending
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