Shadow-Anchored Retail
657 River Hwy Mooresville, NC 28117
657 River Hwy, Mooresville, NC, 28117
Contact for pricing
For Sale
Contact for pricing
Pending
Two-building retail center offered 97% leased, with national and local tenants and an additional in-line opportunity within the b-shop area.
Days on Market104
Property Features for 657 River Hwy
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Indianapolis
(317) 258-1060
Listed by
Adam O'Sullivan · License #IN RB16000786
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 12:51PM Checked: Jul 22 at 12:51PM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This two-building shadow-anchored retail center is offered for sale as a 97% leased investment. The tenant roster includes national and local operators, with Ashley Furniture and HH Gregg comprising the majority of the income, along with additional contribution from a b-shop space in front of the main center. An available small in-line space of 1,846 square feet is positioned in the middle of the b-shop center, providing an opportunity to further add to cash flow.
The property is located off Highway 150, a major east/west thoroughfare with over 30,000 daily traffic, and sits within Mooresville’s primary retail corridor. It is adjacent to several major anchors, including Bed, Bath & Beyond, Petco, Old Navy, Best Buy, and Ulta.
The offering is positioned to benefit from both real estate appreciation and scheduled increases through the lease terms. It also features in-place non-recourse assumable financing, described as attractive for today’s low-yield environment.
The property is located off Highway 150, a major east/west thoroughfare with over 30,000 daily traffic, and sits within Mooresville’s primary retail corridor. It is adjacent to several major anchors, including Bed, Bath & Beyond, Petco, Old Navy, Best Buy, and Ulta.
The offering is positioned to benefit from both real estate appreciation and scheduled increases through the lease terms. It also features in-place non-recourse assumable financing, described as attractive for today’s low-yield environment.
Key Highlights
- Two‑building shadow‑anchored retail center in Mooresville, NC offered with 97% leased occupancy
- Tenant mix includes national and local tenants; Ashley Furniture and HH Gregg comprise the majority of income
- Includes an additional in‑line opportunity: a small 1,846 SF space in the middle of the b‑shop center
Property Analytics
Location Intelligence
Current Use by Public Records
FearLess Adventure Park
Arcade & Gaming Center
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FAQs
What type of property is this?
Shopping center - Two-building retail center offered 97% leased, with national and local tenants and an additional in-line opportunity within the b-shop area.
Where is this shopping center located?
The property is located at 657 River Hwy Mooresville, NC.
What are key features of this property?
This property features: Two‑building shadow‑anchored retail center in Mooresville, NC offered with 97% leased occupancy; Tenant mix includes national and local tenants; Ashley Furniture and HH Gregg comprise the majority of income; Includes an additional in‑line opportunity: a small 1,846 SF space in the middle of the b‑shop center
