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 a growing commercial corridor of Carthage, North Carolina. The property benefits from its proximity to US-15 and US-501, providing direct access to the surrounding Sandhills region. The immediate neighborhood features a mix of established local businesses, residential subdivisions, and essential community services. Nearby amenities include grocery anchors, pharmacies, and municipal offices, ensuring a consistent flow of local traffic. The site is positioned to serve both the resident population of Carthage and commuters traveling between Pinehurst and Sanford. The property is suited for a variety of retail applications, including boutique storefronts, service-oriented businesses, or small-scall showrooms. Its layout supports tenants such as regional retailers, specialty medical providers, or professional services requiring high visibility. The typical tenant profile includes established local entrepreneurs or growing regional franchises looking to capture the area's increasing consumer base. The asset offers functional space for businesses seeking a central location within Moore County’s expanding commercial landscape.

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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

Location & Travel Times