256 DAVIDSON HWY

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256 DAVIDSON HWY

CONCORD, NC 28027
Asking Price
$899K
Asset Type
Commercial Industrial
Class
Class B

What's Special

Self-Storage Development Opportunity in Fast-Growing Charlotte MSA <ul><li>​Prime Prospect in Fast-growing Area: The Proposed Self-storage Facility Presents a Highly Attractive Development Opportunity in a Rapidly Growing Area With Strong Demographic Trends and Increasing Demand for Storage Solutions</li><li>​Full Development Plan Set: Civil Engineering, Architectural Elevations, and Site Plan — Submitted to the City of Concord and Pending Final Administrative Approval. Designed as an Impressive ±48,600 Sf, Two-story Class a Self-storage Facility With ±439 Clim

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NOI
$80,000
Cap Rate
8.90%
DSCR
1.50
Strong
Cash-on-Cash
9.87%
Monthly Payment
$4,447.761
Annual Cash Flow
$26,626.862

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