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3324 AIR PARK RD
FUQUAY-VARINA, NC 27526
Asking Price
$2.20M
Asset Type
Flex Industrial
Class
Class B
What's Special
12 Acres of Airpark Zoned Industrial Land <p><em style="color: rgba(0, 0, 0, 1)">Located 3.3 Miles from the New I-540/US 401 </em><span style="color: rgba(0, 0, 0, 1)">Intersection. Also located adjacent to the new and improved </span><strong style="color: rgba(0, 0, 0, 1)"><a href="https://www.southernwakeregional.com/" target="_blank">Southern Wake Regional Airport</a></strong><span style="color: rgba(0, 0, 0, 1)">,</span></p><p><span style="color: rgba(0, 0, 0, 1)">A privately owned public Airport with a newly paved 4000-foot runway.
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.66%
Monthly Payment
$10,879.452
Annual Cash Flow
$-50,553.426
