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1307 W Woodcroft Pkwy
Durham, NC 27713
Asking Price
Contact for price
Asset Type
School Office
Class
Class B
What's Special
±3,920 SF Daycare Investment Property <ul><li><span style="color: rgba(33, 37, 41, 1)">New 7-year lease term in place with a longstanding daycare tenant</span></li><li><span style="color: rgba(33, 37, 41, 1)">Currently zoned RS-M with a minor special use permit in place - long-term plans indicate a transition to Commercial Neighborhood (CN) zoning</span></li><li><span style="color: rgba(33, 37, 41, 1)">Siding, windows, exterior doors, and gutters (with gutter guards) were all replaced in June 2024</span></li><li><span style="col
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
