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 southern region of Durham, North Carolina, within the established Woodcroft residential community. The property is positioned at the intersection of West Woodcroft Parkway and Hope Valley Road, a primary local thoroughfare. The surrounding neighborhood is characterized by suburban residential developments, walking trails, and nearby green spaces. Local amenities include the Woodcroft Shopping Center, which features a mix of grocery, dining, and professional services. The location provides direct access to the wider Triangle region via proximity to Interstate 40 and Highway 55. The asset is suited for retail services that cater to the immediate residential population. Ideal use cases include boutique fitness studios, specialty cafes, neighborhood clinics, or service-oriented retail such as salons and dry cleaners. The typical tenant profile consists of local businesses or regional franchises seeking a stable high-traffic location with consistent neighborhood visibility. Given the proximity to schools and parks, the site is also well-positioned for businesses focusing on family-oriented products or enrichment programs.

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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

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