- 125 Infield Court, Mooresville, NC 28117
- (704) 660-1955
- bill@victorylanedev.com
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Mooresville, North Carolina, also known as “Race City USA,” is located in the southern part of Iredell County, approximately 25 miles north of Charlotte. The town has witnessed steady growth over the years, driven by its proximity to Charlotte, a skilled workforce, and a business-friendly environment. The industrial/flex real estate market in Mooresville has shown signs of growth and resilience, thanks to the town’s strategic location, well-developed infrastructure, and diverse economic base.
• The presence of motorsports teams and automotive companies has created a significant demand for industrial spaces, particularly for warehousing, manufacturing, and distribution facilities.
• The town’s proximity to major transportation routes, such as I-77 and I-40, makes it an attractive location for logistics and distribution centers.
• A growing population and increased consumer spending have led to a rise in demand for last-mile delivery services, further bolstering the need for flex spaces and warehouses.
• The industrial/flex real estate market in Mooresville has experienced an increase in supply as developers and investors have recognized the growth potential in the area.
• New developments, including speculative and build-to-suit projects, have contributed to the expansion of the industrial real estate inventory in the region.
• Adaptive reuse of older buildings has also provided additional flex spaces to the market.
• Rental rates in the industrial/flex real estate market in Mooresville have generally shown an upward trend, driven by increasing demand and limited supply of prime locations.
• Despite the increased supply, vacancy rates in the market have remained relatively low, signaling a healthy balance between supply and demand.
• While the supply of large distribution continues to grow, the supply of smaller spaces to meet the needs of smaller manufacturers is almost non-existent. Vacancy rate in this submarket is 0.5%
In conclusion, the industrial/flex real estate market in Mooresville, North Carolina, has experienced growth and displayed resilience in recent years. Its strategic location, diverse economic base, and growing demand have made it an attractive market for developers and investors.
(704) 660-1955
bill@victorylanedev.com
125 Infield Court, Mooresville, NC 28117
