2074 N NC 16 bus

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2074 N NC 16 bus

Denver, NC 28037
Asking Price
$3.28M
Asset Type
Retail
Class
Class B

What's Special

Located at 2074 North NC 16 Business, this retail property sits within the growing commercial corridor of Denver, North Carolina. Positioned along a high-visibility thoroughfare, the site benefits from direct road frontage and proximity to established residential neighborhoods. Local amenities include a mix of professional services, fast-casual dining, and convenience-based retail centers. The location offers efficient regional connectivity via Highway 16 and is approximately 25 miles northwest of Charlotte, providing access to the broader Lake Norman region. The property is suited for diverse retail applications, including boutique storefronts, essential service providers, or small-scale showroom space. Given the surrounding demographic profile of suburban families and commuting professionals, typical tenants include local service businesses, health and wellness studios, or specialty retailers. The site’s accessibility and visibility make it a functional choice for businesses seeking to establish a physical presence in a developing trade area with consistent traffic counts.

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NOI
$80,000
Cap Rate
2.44%
DSCR
0.41
Underwater
Cash-on-Cash
-11.66%
Monthly Payment
$16,237.545
Annual Cash Flow
$-114,850.543

Location & Travel Times