Brokerage

TCII Capital Group Arranges the Sale of a Former Rite-Aid in Mooresville, North Carolina for $4.1 Million

TCII Capital Group Arranges the Sale of a Former Rite-Aid in Mooresville, North Carolina for $4.1 Million

The Retail Detail Breakdown
  • The sale included an 11,186 SF retail pad building with a drive-thru, on a 1.3 Acre parcel.
  •  Buyer achieved a double-digit cap rate with over 10 years of term remaining backed by Walgreens.
  • Average Household Incomes within 1 mile are $110,000.