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532-533 Patterson Ave
Mooresville, NC 28115
Design Center Lake Norman · Bureau Propriété À vendre


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Faits saillants de l'investissement
- Design Center Lake Norman is one of the region’s first adaptive reuse projects and now comprises innovative office and flex suites.
- Charming building with irreplicable historic finishes like exposed brick, natural wood ceilings, and stained concrete flooring.
- Location poised for long-term value as the population within a 5-mile radius is projected to grow at an annual rate of 2.6% through 2028.
- Owner/user opportunity for up to 64,329 square feet with value-add potential for investors via capital improvements and increases to market rates.
- Conveniently located minutes from Lake Norman, Downtown Mooresville, and the Lowe's Corporate HQ, Charlotte's sixth-largest employer.
Résumé de l'annonce
Discover this incredibly rare opportunity for a new owner to occupy up to 64,329 square feet of space in the near-term future and control phased expansion or rental income over the life of the asset. Conversely, current WALT (weighted average lease term) presents a unique and highly desirable opportunity for an investor to reset existing below-market rents and achieve an immediate value-add strategy.
Originally constructed in the 1920s as a T-shirt manufacturing facility, the Design Center Lake Norman was revitalized in the early 2000s, becoming one of the first adaptive reuse projects in the region. The expansive, efficient floor plans encourage collaboration and innovation, making it an ideal environment for businesses seeking to foster a dynamic, productive work culture.
The Design Center is located at 532-533 Patterson Avenue 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 region's largest employers, and to 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.
Originally constructed in the 1920s as a T-shirt manufacturing facility, the Design Center Lake Norman was revitalized in the early 2000s, becoming one of the first adaptive reuse projects in the region. The expansive, efficient floor plans encourage collaboration and innovation, making it an ideal environment for businesses seeking to foster a dynamic, productive work culture.
The Design Center is located at 532-533 Patterson Avenue 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 region's largest employers, and to 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.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
81 135 pi²
Classe d’immeuble
B
Année de construction/rénovation
1960/2002
Prix
11 020 000 $ CAD
Prix par pi²
135,82 $ CAD
Location
Multiples
Hauteur du bâtiment
1 étage
Superficie de plancher typique
81 135 pi²
Coefficient d’occupation des sols de l’immeuble
0,29
Taille du lot
6,40 AC
Zonage
G-1 - Quartier de zone commerciale de voisinage qui exige que les nouveaux développements réservent des terrains pour des parcs et des espaces verts.
Commodités
- Terrain clôturé
- Affichage
- Climatisation
Impôts fonciers
| Numéro de lot | 4667-25-8732.000 | Évaluation des bâtiments | 3 208 910 $ CAD |
| Évaluation du terrain | 337 140 $ CAD | Évaluation totale | 3 546 049 $ CAD |
Impôts fonciers
Numéro de lot
4667-25-8732.000
Évaluation du terrain
337 140 $ CAD
Évaluation des bâtiments
3 208 910 $ CAD
Évaluation totale
3 546 049 $ CAD
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