Mimosa Hills Shopping Center : AM Group

STARTING BID $1,750,000 | Charlotte CSA Retail Center | $518K NOI | 78% Nationals | 5.8 Yr WALT | AUCTION OCTOBER 19-21
93.9% Occupied Neighborhood Retail Center - ±99,100 SF asset generates approximately $518K in-place NOI with diversified tenancy
±5.8-Year WALT with Built-In Rent Growth - Staggered expirations, rent increases, reimbursements, and options support durable cash flow
National and Regional Tenant Roster - Ollie’s, Kimbrell’s, Planet Fitness, and Dollar General occupy approximately 78.1% of GLA
Defined Lease-Up and Outparcel Upside - ±6,000 SF vacancy and potential pad development create multiple paths to incremental NOI growth
Primary Morganton Retail Corridor Position - W Union Street/US-70 and W Fleming Drive provide ±35,900 combined VPD near major retailers
Regional Retail and Interstate Access - ±0.5 miles from Morganton Heights and ±2 miles from I-40, with Asheville ±55 miles west