14147 UPWARD XING DR

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14147 UPWARD XING DR

Flat Ro, NC 28731
Asking Price
$2.21M
Asset Type
Retail
Class
Class B

What's Special

14147 Upward Crossing Drive is located in Flat Rock, North Carolina, situated within a developing commercial corridor near the intersection of Upward Road and Interstate 26. The property offers direct proximity to regional transportation routes connecting Hendersonville and Asheville. The surrounding neighborhood features a mix of established industrial facilities, hospitality services, and fueling stations, catering to both local residents and interstate travelers. Nearby amenities include several national hotel chains and quick-service dining options, supported by convenient access to the heavy traffic flow transitioning between the highway and local thoroughfares. This retail asset is suited for businesses requiring high visibility and accessibility for commuting populations. Ideal use cases include convenience retail, specialty showrooms, or service-oriented businesses such as automotive centers and equipment rentals. The typical tenant profile consists of regional or national operators seeking a strategic position near major transit hubs. Additionally, the location supports businesses that benefit from a mix of local morning and evening commuter traffic alongside long-distance travelers utilizing the adjacent interstate exit for services and supplies.

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NOI
$80,000
Cap Rate
3.62%
DSCR
0.61
Underwater
Cash-on-Cash
-7.74%
Monthly Payment
$10,948.717
Annual Cash Flow
$-51,384.599

Location & Travel Times