For Sale
$3,800,000

302 Rolling Hill Rd Mooresville, NC 28117

Prime Mooresville industrial warehouse, 40,000 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 40,000-square-foot warehouse at 302 Rolling Hill Road, Mooresville, NC 28117, presents a unique sale-leaseback opportunity. Situated on a 2.44-acre lot in Iredell County, this industrial property boasts a desirable location with convenient access to major transportation arteries and local amenities. The building features a 24-foot ceiling height, providing ample vertical space for various industrial uses. Loading and unloading are facilitated by two loading docks and four dock-high doors. The property is currently under a single-tenant, NNN lease, offering a stable and predictable income stream. The tenant, a well-established manufacturing business with a 40+ year history, ensures a secure investment. The property is zoned HLI and is offered for sale as a leaseback arrangement. This presents a compelling opportunity for investors seeking a stable, income-generating asset in a prime Mooresville location. The building's size, features, and tenant history combine to create a truly attractive investment prospect. This is a rare chance to acquire a trophy asset in a thriving market.

Highlights

  • Sale-leaseback opportunity with a well-established manufacturing business operating for over 40 years.
  • High-traffic location with excellent visibility and accessibility.
  • Significant upside potential through lease rate increases and future development.
  • Strong tenant history and stable financial performance.
  • Long-term lease in place with built-in rent escalations.

Property Details for 302 Rolling Hill Rd

Property type
Warehouses, Industrial properties
Square Feet
40,000 SF
Lot Size (sq. ft)
106,286 SF

Location Insight

City
Mooresville
County
Iredell
State
North Carolina
Latitude
35.5835799
Longitude
-80.8612736
302 Rolling Hill Rd, Mooresville, North Carolina

FAQs

What type of property is this?
Warehouse - Prime Mooresville industrial warehouse, 40,000 sq ft.
Where is the warehouse located?
The property is located at 302 Rolling Hill Rd Mooresville, NC.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Sale-leaseback opportunity with a well-established manufacturing business operating for over 40 years.; High-traffic location with excellent visibility and accessibility.; Significant upside potential through lease rate increases and future development.
How can I contact the broker?
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302 Rolling Hill Rd
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