1875 Teachers House Rd NW

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1875 Teachers House Rd NW

Concord, NC 28027
Asking Price
$5.18M
Asset Type
Retail
Class
Class B

What's Special

Located at 1875 Teachers House Rd NW in Concord, North Carolina, this retail property is positioned within a developing commercial corridor. The site is situated near the intersection of Poplar Tent Road and occupies a transitional area featuring a mix of residential subdivisions and professional offices. Nearby amenities include grocery-anchored shopping centers, fitness facilities, and local dining options. Access to the property is facilitated by proximity to Interstate 85, providing a direct link to the greater Charlotte metropolitan area and regional transit routes. The asset's configuration and location make it suitable for a variety of neighborhood-scale retail uses. Ideal use cases include boutique storefronts, service-oriented businesses, or small-scale medical offices. The typical tenant profile includes local entrepreneurs, franchise operators, or professional service providers seeking visibility in a high-growth residential pocket. With its versatile floor plan and accessibility to local rooftops, the property is positioned to serve the daily needs of the surrounding suburban population.

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NOI
$80,000
Cap Rate
1.55%
DSCR
0.26
Underwater
Cash-on-Cash
-14.64%
Monthly Payment
$25,604.858
Annual Cash Flow
$-227,258.29

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