In March of 2018, Emerald Creek Capital provided a $4,000,000 acquisition loan in Mooresville, NC. The loan is secured by a shopping center containing 17 retail suites across 44,245 square feet of gross leasable area. The subject property is comprised of 3 free-standing buildings and 170 parking spaces situated on a 6.6-acre site. Tenants include Enterprise Rental Center, Little Caesars restaurant, and Gerber Collision & Glass. The subject property benefits from a prime location on a prominent retail corridor, West Plaza Drive, and is accessible by the Charlotte Highway (US-21) and Interstate 77. Mooresville, also known as Race City USA, is home to over 60 NASCAR teams and the Lowe’s Companies, Inc. regional Headquarters.
For more information, please contact:
Jeff Seidler, Managing Director