38 Dan Owen Dr

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38 Dan Owen Dr

Hampstead, NC 28443
Asking Price
$4.40M
Asset Type
Retail
Class
Class B

What's Special

38 Dan Owen Drive is situated in Hampstead, North Carolina, positioned just off the high-traffic US Highway 17 corridor. The surrounding neighborhood is characterized by a mix of established residential communities and expanding commercial developments. This location offers proximity to local amenities including grocery stores, medical offices, and professional services, serving the growing population of Pender County. Access to the property is facilitated by the primary north-south artery connecting the coastal hubs of Wilmington and Jacksonville. The property is suited for a variety of retail applications, including boutique shops, specialty services, or fitness studios. Given the regional demographics, an ideal tenant profile would include neighborhood-scale retailers or service-oriented businesses aiming to capture local consumer traffic. The site provides an opportunity for businesses seeking visibility within a developing suburban commercial cluster that caters to daily commuters and nearby residents.

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NOI
$80,000
Cap Rate
1.82%
DSCR
0.31
Underwater
Cash-on-Cash
-13.73%
Monthly Payment
$21,768.799
Annual Cash Flow
$-181,225.591

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