Mimosa Hills Shopping Center

Investment Highlights

  • Morganton is the County Seat of Burke Country
  • 1/2 Mile from Morganton Heights 500k SF Power Center
  • Strong Traffic Counts
  • Value Add Opportunity
  • Very Low Price per Square Foot
  • Strong Growth Market
  • Selected as the Site of the New NC School of Science and Mathematics
  • Continental Corp. just Expanded in Morganton w/ A new 82,000 SF plan -150 new Jobs

Offering Summary

  • Price: $1,200,000
  • CAP: 8.88%
  • Occupancy: 61%
  • GLA: 98.877 Square Feet
  • Site Area: 10 Acres
  • Cost Per Square Foot: $12.14

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