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101 & 103 West Main Street
Durham, NC 27701
Asking Price
$1.17M
Cap Rate
8%
Asset Type
Storefront Retail
Class
Class B
What's Special
101 & 103 West Main Street, Durham, NC 27701 <ul><li>Located in the historic Art Deco Kress Building in Downtown Durham</li><li>Parking available in the Church Street parking garage, on street parking, and a paved lot behind the building</li><li>Walkable to most of Downtown Durham, DPAC, American Tobacco Campus and the DBAP</li><li>Numerous dining options include The Hive, Bar Virgile, Luna Rotisserie and Empanadas, Mateo, and Bull McCabe's Irish Pub</li><li>Easy access to the NC 147 (Durham Freeway), Duke University, and Duke Univers
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NOI
$80,000
Cap Rate
6.83%
DSCR
1.15
Tight
Cash-on-Cash
2.98%
Monthly Payment
$5,793.469
Annual Cash Flow
$10,478.371
