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 rapid residential growth and a blend of established local businesses and national retailers. Nearby amenities include grocery-anchored shopping centers, medical offices, and local schools, serving a growing coastal population. The site offers convenient transportation access for commuters traveling between Wilmington and Jacksonville, benefiting from the primary arterial connectivity of the region. The property is suited for a variety of retail applications, including boutique storefronts, service-oriented businesses, or small-scale showrooms. Ideal tenants include professional services, such as insurance or real estate firms, specialty health and wellness providers, and neighborhood-scale retailers looking to capture the local demographic. The location supports businesses that require high visibility and easy accessibility for a community-based customer base within the Pender County market.

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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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