Graves Dr

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Graves Dr

Goldsboro, NC 27534
Asking Price
$1.90M
Asset Type
Retail
Class
Class B

What's Special

Located on Graves Drive in Goldsboro, North Carolina, this retail property is situated within a primary commercial corridor characterized by a mix of established shopping centers and professional offices. The site is positioned near the intersection of US-70 and North Berkeley Boulevard, providing proximity to major local anchors including the Berkeley Mall. The location benefits from high-traffic road frontage and multiple points of ingress and egress. Access to the regional transportation network is efficient, with I-795 nearby connecting to Wilson and the Research Triangle area. The property is suited for a variety of general retail uses, including specialty boutiques, service-based storefronts, or franchise food and beverage operations. Its layout and high-visibility location align with the needs of national retailers seeking a presence in the Goldsboro market, as well as local businesses requiring easy consumer access. The typical tenant profile includes companies focused on durable goods, personal care services, or high-turnover consumer products that leverage the area's consistent daytime traffic and established residential neighborhood proximity.

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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96

Location & Travel Times