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Standalone Office Building
For Sale
Contact for pricing
Pending

135 Gasoline Alley, Mooresville, NC 28117

Two-story office building with private parking, open workspace, and private offices, conference room, lobby, and kitchenette.

Property Size5,700 SF
Days on Market195

Property Features for 135 Gasoline Alley

General Information

Standard status Pending
Size 5,700 SF
Property subtype OFFICE
Listing Agency: Rose & Associates, Inc.
Listed By: Kathleen Rose, CCIM
Source: Moodyscre
Added: Jan 16 Changed: Jul 27 Last Checked: Jul 30 at 2:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rose & Associates, Inc.

Investment Insights

Based on property information with market context.

This standalone office building includes two stories with an open concept floor plan, along with private offices, a conference room, lobby, and kitchenette. The property also has its own private parking lot.

Located just off Exit 35 on I-77 in Mooresville, the building offers convenient access for office users. Call for a brochure and floor plan for additional details.

Key Highlights

  • Standalone two‑story office building just off Exit 35 on I‑77 in Mooresville
  • Private parking lot included with the office building
  • Open concept floor plan with both open workspace and private offices

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $148.4k $26.04
− Vacancy −$15.1k −$2.66
EGI $133.3k $23.38
− OpEx −$33.3k −$5.85
NOI $100.0k $17.54
5,700 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $99,966 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M (±1% cap)
NOI $125,582 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Griffin Insurance Agency ... Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Travel Agency Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,226
Businesses Nearby

Demographics for 28117, NC

46,917
Population
21,528
Households
2.2
Avg Household Size
42
Median Age
55%
College-Educated
98%
High-School Grad
39.1 sq mi
ZIP Area
1,200
Density / Sq Mi
$109,310
Median Household Income
$53,706
Median Earnings
$1,593
Median Rent
$567,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with private parking, open workspace, and private offices, conference room, lobby, and kitchenette.
Where is this office building located?
The property is located at 135 Gasoline Alley Mooresville, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Standalone two‑story office building just off Exit 35 on I‑77 in Mooresville; Private parking lot included with the office building; Open concept floor plan with both open workspace and private offices
(704) 896-0094 Call to check price and availability
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