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1560 E Dixie Dr
Asheboro, NC 27203
Asking Price
$950K
Asset Type
Commercial Land
Class
Class B
What's Special
Premier Outparcel Opportunity on Asheboro Retail Corridor <ul><li>Adjacent to Asheboro Mall (Belk, Ross, Cinemark, Five Below, Books‑A‑Million, Dunham’s Sports) </li><li>National retailers nearby: Walmart, Lowe’s, Aldi, Chickfil-A, Chipotle, Food Lion, Tractor Supply </li><li>Strong demographics and steady growth in Randolph County, with over 148,000 residents and a balanced economic base across manufacturing, education, and retail sectors </li><li>Convenient access to U.S. 64, NC 42, and I‑73/I‑74 (Piedmont Triad region) </li><li>Prime visibility
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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02
