627 Gum St
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627 Gum St
8,157 SF Retail Building Mooresville, NC 28115 $2,154,554 CAD ($264 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Unique investment opportunity
- Special-use property currently under a NNN 10-year lease
- North Carolina’s fastest growing city
Executive Summary
Unique investment opportunity in Mooresville, North Carolina’s fastest growing city. Special-use property currently under a NNN 10-year lease to a funeral home operator with a long history in the market. High barrier to entry on a unique property in an amazing location!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,157 SF
Building Class
C
Year Built/Renovated
1913/2005
Price
$2,154,554 CAD
Price Per SF
$264 CAD
Cap Rate
7.50%
NOI
$161,592 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.92 AC
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Wayne Russell Funeral Service
- Retailer
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Wayne Russell Funeral Service | Retailer | - | - | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 4667-33-8682.000 | Improvements Assessment | $483,712 CAD |
| Land Assessment | $176,461 CAD | Total Assessment | $660,172 CAD |
PROPERTY TAXES
Parcel Number
4667-33-8682.000
Land Assessment
$176,461 CAD
Improvements Assessment
$483,712 CAD
Total Assessment
$660,172 CAD
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627 Gum St
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