101 West Woodcroft Parkway

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101 West Woodcroft Parkway

Durham, NC 27713
Asking Price
$3.76M
Asset Type
Retail
Class
Class B

What's Special

101 West Woodcroft Parkway is situated in the Woodcroft neighborhood of southern Durham, North Carolina. The property sits at the intersection of West Woodcroft Parkway and Hope Valley Road, a primary local thoroughfare. The surrounding area is characterized by established residential subdivisions and extensive walking trails. Immediate amenities include the Woodcroft Shopping Center, which features a grocery store, various dining options, and professional services. The location offers proximity to the Interstate 40 corridor and is approximately five miles from both downtown Durham and the Research Triangle Park. The site is suited for retail and service-oriented businesses aiming to serve the local residential population. Ideal use cases include neighborhood-scale retail, specialty boutiques, or fitness studios. The typical tenant profile includes local businesses, medical practitioners, or food and beverage operators that benefit from steady neighborhood traffic and high visibility at a signalized intersection. Its position within a mature residential submarket supports businesses offering daily necessities or convenient services to the community.

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NOI
$80,000
Cap Rate
2.13%
DSCR
0.36
Underwater
Cash-on-Cash
-12.70%
Monthly Payment
$18,617.271
Annual Cash Flow
$-143,407.25

Location & Travel Times