1440 NC-16 Bus

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1440 NC-16 Bus

Denver, NC 28037
Asking Price
$4.00M
Asset Type
Retail
Class
Class B

What's Special

1440 NC-16 Business is located in the growing lakeside community of Denver, North Carolina. Situated directly on the main commercial corridor of Highway 16 Business, the property offers high visibility and ease of access to the surrounding residential neighborhoods of eastern Lincoln County. The location is approximately 25 miles north of Charlotte, positioned near the intersection of Highway 73. Local amenities include a mix of national retailers, local dining establishments, and professional services, benefiting from the steady commuter traffic and proximity to Lake Norman. This retail asset is suited for a variety of uses, including boutique storefronts, essential neighborhood services, or small-scale clinical offices. The layout and high-traffic frontage cater well to service-oriented tenants such as specialty medical providers, fitness studios, or professional firms requiring a street-level presence. Given the surrounding demographic of suburban families and regional commuters, the property is an ideal fit for local businesses or regional franchises looking to establish a foothold in the North Charlotte metropolitan area.

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NOI
$80,000
Cap Rate
2.00%
DSCR
0.34
Underwater
Cash-on-Cash
-13.12%
Monthly Payment
$19,789.818
Annual Cash Flow
$-157,477.81

Location & Travel Times