15-Year Lighthouse Autism Center - Asheboro, N

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15-Year Lighthouse Autism Center - Asheboro, N

Asheboro, NC 27205
Asking Price
$3.51M
Asset Type
Retail
Class
Class B

What's Special

Located at 1216 East Dixie Drive in Asheboro, North Carolina, this property is situated along a primary commercial corridor characterized by a mix of retail centers and professional services. The neighborhood features high-traffic neighbors including major national grocers and regional shopping hubs. The site offers direct access to Highway 64, providing convenient connectivity for commuters and residents throughout the Randolph County area. Local amenities such as dining, fuel stations, and residential subdivisions are within a two-mile radius, ensuring steady visibility and accessibility. The asset is designed for high-occupancy retail or service-oriented use cases, benefiting from a functional layout and significant road frontage. Its location makes it suitable for national credit tenants seeking long-term stability in a developed market, particularly those in the medical-retail, specialized education, or essential services sectors. The typical tenant profile includes established organizations that require prominent signage and dedicated parking to serve a broad regional demographic. This facility supports operations that value proximity to established residential bases and synergistic commercial enterprises.

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NOI
$80,000
Cap Rate
2.28%
DSCR
0.38
Underwater
Cash-on-Cash
-12.19%
Monthly Payment
$17,365.565
Annual Cash Flow
$-128,386.779

Location & Travel Times