532 Patterson Ave, Mooresville, NC 28115

Discover this incredibly rare opportunity for a new owner in the near-term future and control phased expansion or rental income over the life of the asset. Conversely, current WALT (weighted average lease term) presents a unique and highly desirable opportunity for an investor to reset existing below-market rents and achieve an immediate value-add strategy.

Originally constructed in the 1920s as a T-shirt manufacturing facility, the Design Center Lake Norman was revitalized in the early 2000s, becoming one of the first adaptive reuse projects in the region. The expansive, efficient floor plans encourage collaboration and innovation, making it an ideal environment for businesses seeking to foster a dynamic, productive work culture.

The Design Center is located at 532-533 Patterson Avenue in the heart of Mooresville, just 30 minutes north of Charlotte. Known to many as Race City USA, it is the home to the North Carolina Auto Racing Hall of Fame, many NASCAR and IndyCar racing teams and drivers, plus several racing technology suppliers. The property is easily accessible to Lowe's Corporate Headquarters, one of the region's largest employers, and to major interstates, such as Interstate 77 and Highway 150. When high-end work environments fostering creativity, connectivity, and convenience are key, the Design Center is the ideal destination.