Eric Ln

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Eric Ln

Burlington, NC 27215
Asking Price
$16.50M
Asset Type
Retail
Class
Class B

What's Special

Located on Eric Lane in Burlington, North Carolina, this retail property is situated within a primary commercial corridor characterized by a mix of established shopping centers and professional offices. The site offers proximity to major regional anchors and domestic retailers, benefiting from the high-traffic activity generated by nearby University Drive and Alamance Crossing. Access to the regional transportation network is efficient via Interstate 40/85, which connects the property to the Greensboro and Durham markets. The location is suited for various retail applications, including specialty boutiques, service-based businesses, or small-link showrooms. Typical tenants for this profile include local franchise operators, medical office services, or consumer-facing retail brands looking for visibility near high-density residential neighborhoods. The surrounding demographics support businesses focused on convenience, daily services, and regional trade.

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NOI
$80,000
Cap Rate
0.48%
DSCR
0.08
Underwater
Cash-on-Cash
-18.17%
Monthly Payment
$81,632.997
Annual Cash Flow
$-899,595.967

Location & Travel Times