Shallow Bay Industrial

• Multi-Tenant Income Stream – Eight small-bay tenants occupy ±19,250 SF across 1145 & 1185 Gateway Dr, creating diversified in-place income rather than single-tenant rollover risk.
• Below-Market In-Place Rents – Current average rent is approximately $6.80/SF versus underwritten proforma rent of $13.00/SF, supporting a documented mark-to-market leasing story.
• Small-Bay Flex Configuration – The property consists of two metal industrial/flex buildings on 2.63 acres with 16′ clear height and 8 grade-level doors, fitting a broad range of local users.
• Month-to-Month Lease Rollover – All listed tenants are shown as MTM, providing near-term flexibility to reset rents as space turns over.
• Functional Multi-Building Layout – The project includes two buildings totaling ±19,250 SF with unit sizes ranging from ±2,187 SF to ±2,625 SF, a format that aligns with small-tenant demand.
• Mooresville Industrial Setting – Located in Mooresville, NC within the Charlotte MSA on Gateway Dr, the asset sits among established industrial/flex comparables identified in the immediate trade area.