3496 Forestdale Drive

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3496 Forestdale Drive

Burlington, NC 27215
Asking Price
$2.81M
Cap Rate
5.8%
Asset Type
Retail
Class
Class B

What's Special

Established Veterinary Practice | Affluent Surrounding Area | Strong Population Growth <p><span style="color: rgba(6, 34, 57, 1)">• Great access from Huffman Mill Rd and S Church St | 51,000 VPD combined</span></p><p><span style="color: rgba(6, 34, 57, 1)">• Located inside of dense retail corridor | 5.8M SF within a 2-mile radius</span></p><p><span style="color: rgba(6, 34, 57, 1)">• Long operating history | Town N County Animal Hospital has been in operation in Burlington for over 50 years and expanded to this location in 2022</span></p><p><span style="color: rgba(6, 34, 57, 1)">

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NOI
$80,000
Cap Rate
2.84%
DSCR
0.48
Underwater
Cash-on-Cash
-10.31%
Monthly Payment
$13,912.242
Annual Cash Flow
$-86,946.901

Location & Travel Times