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107 Kilson Dr - Brawley Commerce Center

925 - 1,952 SF Condo Units Offered at $300,625 - $556,320 Per Unit in Mooresville, NC 28117

Investment Highlights

  • Valuable frontage in front of high traffic volumes
  • Ample parking

Property Facts

Price $300,625 - $556,320
Unit Size 925 - 1,952 SF
No. Units 2
Total Building Size 16,000 SF
Property Type Office
Property Subtype Office/Residential
Building Class B
Floors 2
Typical Floor Size 8,000 SF
Year Built 2005
Lot Size 1.23 AC
Parking Ratio 3.62/1,000 SF

2 Units Available

Unit 106

Unit Size 925 SF
Price $300,625
Price Per SF $325.00
Condo Use Office/Retail
Sale Type Investment or Owner User
Sale Status Under Contract
Cap Rate 5.97%
NOI $17,945
Sale Notes

This well-appointed space offers a strategic location along the bustling Charlotte Hwy in Mooresville, a town experiencing rapid growth. Ideal for businesses seeking convenience and visibility, the condo features:

5.97% CAP Rate: Strong cash flow from a tenant on a brand new 5 year lease with annual rent escalations
Three Private Offices: Perfect for individual workspaces or team collaboration.
Kitchenette: A convenient area for refreshments and breaks.
Open Work/Conference Area: Versatile space for meetings, presentations, or creative work.
Private Restroom: Ensures comfort and privacy for occupants.
Ample Building and Monument Signage: Prominent visibility facing the bustling Charlotte Highway.
Frontage Value: As the road widens, this frontage will appreciate, attracting even more traffic.
Don’t miss this opportunity to establish your business in a thriving community. Contact us for a private viewing!

COA Fee: $625.33 paid quarterly.

Unit 206

Unit Size 1,952 SF
Price $556,320
Price Per SF $285.00
Condo Use Office
Sale Type Owner User

Major Tenant Information Click Here to Access

TENANT SF OCCUPIED LEASE END DATE
Kevin Sean Studios 99,999 SF SF Jan 0000

Amenities

  • Signage

zoning

Zoning Code HB (Highway Business)
HB (Highway Business)
  • Listing ID: 31025514

  • Date on Market: 2/22/2024

  • Last Updated:

  • Address: 107 Kilson Dr, Mooresville, NC 28117

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