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Design Center Lake Norman 532 Patterson Ave 81,135 SF Office Building Mooresville, NC 28115 For Sale

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Executive Summary

Revitalized for the modern user, the Design Center Lake Norman, located at 532 & 533 Patterson Avenue, offers exceptional office/flex space across two buildings totaling 81,135 square feet with the potential for 64,329 SF of occupiable space in the near term future. Initially constructed in the 1920s as a T-shirt manufacturing facility, the property was revitalized in the early 2000s becoming one of the first adaptive re-use projects in the region. Now, the property is home to multiple businesses including Sweet Dreams, Grand Leisure USA, and Fiskars.

The expansive and efficient floor plans encourage collaboration and innovation, making it an ideal environment for businesses looking to foster a dynamic and productive work culture.

The Design Center is located in the heart of Mooresville, just 30 minutes north of Charlotte. Known to many as "Race City USA," it is the home to the North Carolina Auto Racing Hall of Fame, many NASCAR and IndyCar racing teams and drivers, plus several racing technology suppliers. The property is easily accessible to Lowe's Corporate Headquarters, one of the biggest employers in the region, and major interstates, such as Interstate 77 and Highway 150. When high-end work environments fostering creativity, connectivity, and convenience are key, the Design Center is the ideal destination.

Sale Flyer

More Attachments

Lake Norman Design Center

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

81,135 SF

Building Class

Year Built/Renovated

1960/2002

Tenancy

Multiple

Building Height

1 Story

Typical Floor Size

81,135 SF

Building FAR

0.29

Lot Size

6.40 AC

Zoning

G-1 - neighborhood commercial zone district that requires new development to set aside land for park and open space

Fenced Lot

Signage

Air Conditioning

Space Availability

Space
Size
Space Use
Condition
Available

1st Fl-Ste 100
3,058 SF
Office
Full Build-Out
Now

The expansive and efficient floor plans encourage collaboration and innovation, making it an ideal environment for businesses looking to foster a dynamic and productive work culture. Move-in-ready suites with flexible, open floor plans are available to best fit business needs. Tenants enjoy excellent on-site amenities, including access to common conference rooms, a kitchen/break area, and ample parking opportunities.

1st Fl-Ste 150
2,041 SF
Office
Full Build-Out
Now

1st Fl-Ste 180
2,473 SF
Office
Full Build-Out
Now

1st Fl-Ste 210
4,015 SF
Office
Full Build-Out
Now

532 Patterson Ave, Mooresville, NC for sale Interior Photo- Image 1 of 6 — Interior Photo

532 Patterson Ave, Mooresville, NC for sale Interior Photo- Image 2 of 6 — Interior Photo

532 Patterson Ave, Mooresville, NC for sale Interior Photo- Image 3 of 6 — Interior Photo

532 Patterson Ave, Mooresville, NC for sale Interior Photo- Image 4 of 6 — Interior Photo

532 Patterson Ave, Mooresville, NC for sale Interior Photo- Image 5 of 6 — Interior Photo

532 Patterson Ave, Mooresville, NC for sale Interior Photo- Image 6 of 6 — Interior Photo

1st Fl - 210/220/340
17,241 SF
Flex
Spec Suite
Now

4,015 SF OFFICE AND 13,226 SF OPEN PRODUCTION OR STORAGE AREA WITH DRIVE IN DOOR.

1st Fl - 220
7,895 SF
Flex
Partial Build-Out
Now

Cet entrepôt comprend deux quais de chargement : un quai privé dédié et un deuxième quai situé dans la zone de chargement commune, offrant un accès flexible pour les livraisons et les expéditions.

1st Fl-Ste 332
1,647 SF
Office
Full Build-Out
Now

Space	Size	Space Use	Condition	Available
1st Fl-Ste 100	3,058 SF	Office	Full Build-Out	Now
1st Fl-Ste 150	2,041 SF	Office	Full Build-Out	Now
1st Fl-Ste 180	2,473 SF	Office	Full Build-Out	Now
1st Fl-Ste 210	4,015 SF	Office	Full Build-Out	Now
1st Fl - 210/220/340	17,241 SF	Flex	Spec Suite	Now
1st Fl - 220	7,895 SF	Flex	Partial Build-Out	Now
1st Fl-Ste 332	1,647 SF	Office	Full Build-Out	Now

Size

3,058 SF

Space Use

Office

Condition

Full Build-Out

Available

Now

Size

2,041 SF

Space Use

Office

Condition

Full Build-Out

Available

Now

Size

2,473 SF

Space Use

Office

Condition

Full Build-Out

Available

Now

Size

4,015 SF

Space Use

Office

Condition

Full Build-Out

Available

Now

Size

17,241 SF

Space Use

Flex

Condition

Spec Suite

Available

Now

Size

7,895 SF

Space Use

Flex

Condition

Partial Build-Out

Available

Now

Size

1,647 SF

Space Use

Office

Condition

Full Build-Out

Available

Now

1 of 6

Videos

Matterport 3D Exterior

Matterport 3D Tour

Photos

Street View Street

Map

1 1

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.

1 mile

3 mile

5 mile

2020 Population

7,491

33,123

65,802

2024 Population

7,928

34,633

70,883

Population Growth '20-'24

5.8%

4.6%

7.7%

2020 Households

2,844

12,814

25,405

2024 Households

3,004

13,363

27,379

Household Growth '20-'24

5.6%

4.3%

7.8%

Average Age

Median Household Income

$59,703

$67,531

$79,548

Daytime Employees

4,384

14,890

35,013

Total Businesses

674

1,835

4,363

College Degree + Higher

27%

30%

37%

$ values in USD

Property Taxes

Parcel Number	4667-25-8732.000	Improvements Assessment	$3,154,515 CAD
Land Assessment	$331,425 CAD	Total Assessment	$3,485,940 CAD

Property Taxes

Parcel Number

4667-25-8732.000

Land Assessment

$331,425 CAD

Improvements Assessment

$3,154,515 CAD

Total Assessment

$3,485,940 CAD

Sale Advisors

(704) 336-9347

Contact

Charlie Swanson, Principal

(704) 336-9347

Contact

Since graduating from UNC Chapel Hill in 1998, Charlie has spent his entire professional career solely focused on working with owners and tenants in the greater Charlotte NC commercial real estate market. Before joining Park Commercial Real Estate in 2018, Charlie was Director of Office Investments at Beacon Partners, where he worked 15 years serving as an office broker, asset manager and with acquisitions for the firm’s Charlotte based office portfolio. Prior to Beacon Partners, Charlie was a commercial real estate underwriting specialist at Wells Fargo Bank and also served in various property and construction management roles at Queens Properties a division of JA Jones Construction.

(704) 762-1148

Contact

Chandler Knox, Partner

(704) 762-1148

Contact

For six years prior to joining Park Commercial Real Estate in 2021, Chandler was a Vice President at Colliers International where he served owners and users in the sale and leasing of office properties throughout the Charlotte region. Before his time at Colliers, he was a District Manager for Aldi (national grocery chain), where he managed a multi-store district of 60+ employees and over $35 million in annual revenue. Chandler is an expert in all facets of office brokerage and investment within the Charlotte market. He uses his discipline and work ethic from his time as a Division-I athlete as well as his management and communication skills from his Aldi DM role to serve his clients with integrity, professionalism, and humility.

(704) 336-9347