Investment Opportun i ty - Mooresv i l le Gateway124 Trade CourtMooresv i l le ,NC 28117

7,397 SF

Reta i l Center - For Sa le

100% Leased

NOI : $268,860

Bi l ly Cooperbcooper@srenc.com

orLouis Rose, I I I

l rose3@srenc.com

NAI Southern Real Estate4201 Congress Street , Sui te 170

Char lot te, NC 28209www.srenc.com704-375-1000

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MooresvilleGatewayShoppes

PROPERTY OVERVIEW

Investment Retai l Property For Sale

• Fully Leased 7,397 SF Shopping Center

• Conveniently located at Exit 33 off I-77 in Mooresville, NC

• Strong tenant mix in immediate and adjacent developments

• Located near:

- Lowe’s Headquarters

- Lake Norman Regional Medical Center (Hospital)

- Langtree at Lake Norman

NAI Southern Real Estate-Charlotte, NC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty, or representation about it. It is submit-ted subject to the possibility of errors, omissions, change of pirce, rental or other conditions, prior sale, lease, or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. Compensation is offered to buyer/tenant agents only. Subagency and compensation are not offered to principals, their affiliates or subsidiaries. 121612

Mooresville GatewayShoppes

VICINITY MAP Mooresville GatewayShoppes

DEMOGRAPHICS Mooresville GatewayShoppes

-100%0 SF

200612,405 SF

General Retail

Rent/SF/Yr:% Leased:

Total Available:

Year Built:GLA:

Building Type:Storefront Retail/OfficeSecondary:

Radius 1 Mile 3 Mile 5 MilePopulation

2022 Projection 3,855 31,572 82,3322017 Estimate 3,566 29,441 76,5892010 Census 2,992 26,021 68,134Growth 2017 - 2022 8.10% 7.24% 7.50%Growth 2010 - 2017 19.18% 13.14% 12.41%

2017 Population by Hispanic Origin 164 1,692 4,2692017 Population 3,566 29,441 76,589

White 2,937 82.36% 25,375 86.19% 66,234 86.48%Black 231 6.48% 1,919 6.52% 5,600 7.31%Am. Indian & Alaskan 20 0.56% 153 0.52% 394 0.51%Asian 311 8.72% 1,444 4.90% 2,823 3.69%Hawaiian & Pacific Island 1 0.03% 20 0.07% 63 0.08%Other 66 1.85% 529 1.80% 1,476 1.93%U.S. Armed Forces 0 13 49

Households2022 Projection 1,645 12,382 31,1632017 Estimate 1,518 11,536 28,9482010 Census 1,249 10,139 25,647Growth 2017 - 2022 8.37% 7.33% 7.65%Growth 2010 - 2017 21.54% 13.78% 12.87%Owner Occupied 902 59.42% 7,876 68.27% 20,599 71.16%Renter Occupied 616 40.58% 3,660 31.73% 8,349 28.84%

2017 Households by HH Income 1,517 11,535 28,946Income: <$25,000 195 12.85% 1,716 14.88% 4,286 14.81%Income: $25,000 - $50,000 188 12.39% 1,998 17.32% 5,154 17.81%Income: $50,000 - $75,000 329 21.69% 2,236 19.38% 4,914 16.98%Income: $75,000 - $100,000 285 18.79% 1,841 15.96% 4,338 14.99%Income: $100,000 - $125,000 157 10.35% 1,131 9.80% 3,089 10.67%Income: $125,000 - $150,000 116 7.65% 795 6.89% 2,049 7.08%Income: $150,000 - $200,000 124 8.17% 747 6.48% 1,923 6.64%Income: $200,000+ 123 8.11% 1,071 9.28% 3,193 11.03%

2017 Avg Household Income $97,662 $95,508 $100,2072017 Med Household Income $79,079 $73,195 $75,686

235 Medical Park Rd, Mooresville, NC 28117

Copyrighted report licensed to NAI Southern Real Estate - 735970.

Mooresville Gateway Shoppes124 Trade CourtMooresville, NC 28117