2403 La Vista Drive Property

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

2403 La Vista Drive Property

burlington, NC 27215
Asking Price
$825K
Asset Type
Retail
Class
Class B

What's Special

2403 La Vista Drive is located in Burlington, North Carolina, situated within a developed commercial and residential corridor. The property sits near the intersection of South Church Street and University Drive, providing direct access to major local thoroughfares. The surrounding neighborhood features a mix of established suburban housing and regional shopping centers. Nearby amenities include various national retailers, grocery stores, and dining options. The location is approximately three miles from Elon University and offers proximity to Interstate 40/85, facilitating regional transit between Greensboro and the Research Triangle. This retail asset is suited for businesses seeking visibility within a high-traffic retail cluster. Potential use cases include specialty boutiques, professional service offices, or small-scale consumer showrooms. The typical tenant profile includes local or regional operators looking to serve the surrounding residential population and the nearby student demographic. The building configuration supports retail storefront operations that benefit from a mix of neighborhood commuters and destination shoppers.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
9.70%
DSCR
1.63
Strong
Cash-on-Cash
12.53%
Monthly Payment
$4,081.65
Annual Cash Flow
$31,020.202

Location & Travel Times