195 Olivetree Lane

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195 Olivetree Lane

carthage, NC 28327
Asking Price
$2.08M
Asset Type
Retail
Class
Class B

What's Special

195 Olivetree Lane is situated in Carthage, North Carolina, a growing municipality in Moore County. The property is located near the intersection of major local thoroughfares, providing connectivity to the surrounding Sandhills region. The neighborhood character is a mix of established local businesses and residential communities. Nearby amenities include municipal offices, local eateries, and essential services, supporting consistent foot traffic. Access to the site is facilitated by Highway 15-501 and Highway 24-27, which serve as primary regional transportation arteries for commuters and visitors traveling between Pinehurst and the Raleigh-Durham area. The asset is suitable for a variety of retail use cases, including boutique storefronts, specialty dry goods, or service-oriented businesses. Its configuration offers flexibility for small to mid-sized retailers seeking a presence in a stable rural-suburban market. Typical tenants for this location include local service providers, professional suites, or niche retail operators catering to the resident population of Carthage. The layout and visibility from the street make it an appropriate choice for businesses that rely on a combination of local neighborhood loyalty and regional drive-by exposure.

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NOI
$80,000
Cap Rate
3.84%
DSCR
0.65
Underwater
Cash-on-Cash
-6.99%
Monthly Payment
$10,305.547
Annual Cash Flow
$-43,666.57

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