1101 E Cornwallis

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1101 E Cornwallis

Durham, NC 27713
Asking Price
$1.50M
Asset Type
Warehouse Industrial
Class
Class B

What's Special

Industrial | 6,831 SqFt <ul><li>​Built in 1975</li><li>​Natural Gas, Electrical and City Water/Sewer</li><li>​Two dock-high doors</li><li>​One drive-in door</li><li>​6,831 SF warehouse/office building</li><li>​Easy access to I-40, NC-147, and I-885</li><li>​Located within Durham's established industrial corridor</li><li>​Excellent distribution and service location for the Triangle</li></ul>

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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