Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A


Year Built 2005
Building Area
Occupancy 87.0 %

Property Description

Oates Crossing features attractive glass lines, fullyconditioned space, LED lighting and a total of 473 employee parking spaces (2.01/1,000 portfolio ratio). The park is ideally positioned along I-77 and enjoys unmatched regional connectivity via seamless access to a network of major transportation thoroughfares such as I-485, I-40, I-81 and I-85 – the industrial backbone of the Southeast. Additionally, the park is located just miles from Lake Norman and the area’s significant concentration of executive housing where employees have access to a live-work-play balance that is unique to the Mooresville-Lake Norman area. Oates Crossing is perfectly positioned to benefit from the rapid northward expansion, immense population growth (Mooresville 75.9% cumulative population growth since 2000), limited new supply and strong tenant demand which has increased rental rates in the submarket by 21.2% since the beginning of 2017.

Investment Highlights

  • Jones Lang LaSalle Americas, Inc. (“JLL”) has been
  • retained as the exclusive sales representative for Oates
  • Crossing – a 235,400 square foot, four (4) building Class A
  • office-warehouse portfolio strategically located along I-77
  • in the flourishing Charlotte MSA. The park is currently 87%
  • occupied with nearly seven (7) years of weighted average
  • lease term which provides investors with the opportunity
  • to enjoy stable cash flows and limited near term rollover
  • exposure. The park is leased to credit-rated companies
  • such as 3M (S&P: AA-), Mitsubishi Materials (S&P: A) and
  • PowerSecure (S&P: A-) among many other tenants who
  • have made significant capital investments into their space.
  • Furthermore, in-place rents are up to 12% below market in
  • some suites and the existing vacancy is recently delivered,
  • late 2018-vintage space which affords investors with an
  • immediate value-add opportunity.
Patrick Nally
Patrick Nally
Senior Director, Capital Markets
License details
Hunter Barron
Hunter Barron
Senior Director, Capital Markets
License details
NC-259804 SC-96951

There was an error submitting your request. Please try again, or submit you inquiry here.



Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.


JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.