901 E Trinity Ave, Durham, N

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901 E Trinity Ave, Durham, N

Durham, NC 27704
Asking Price
$650K
Asset Type
Retail
Class
Class B

What's Special

901 E Trinity Ave is located in the Cleveland-Holloway neighborhood of Durham, North Carolina, just east of the downtown core. The surrounding area features a mix of historic residential properties and emerging commercial spaces, characterized by a walkable, urban atmosphere. The property offers proximity to major thoroughfares, including North Roxboro Street and Mangum Street, providing efficient access to the Durham Freeway (NC-147). Local amenities such as downtown restaurants, government offices, and the Durham Central Park district are within a short distance. This retail asset is suited for businesses seeking a neighborhood-scale presence with visibility in a transitioning urban corridor. Ideal use cases include a boutique storefront, a specialty grocer, or a neighborhood café catering to local residents and commuters. The tenant profile typically includes independent retailers or service providers looking for a location that bridges the gap between residential density and the activity of the central business district.

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

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