3688 Raleigh Road

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3688 Raleigh Road

Henderson, NC 27537
Asking Price
$395K
Asset Type
Auto Shop Retail
Class
Class B

What's Special

Turnkey Auto Body Shop-Fully operational auto body shop situated on .42 acres <ul><li>​Fully operational turnkey auto body shop</li><li>​Located on .42 acres with 121 feet of frontage on state-maintained road</li><li>​10,000 vehicles per day traffic count (NCDOT AADT)</li><li>​Less than half a mile from US-1 at Bearpond Road interchange</li><li>​Primary gateway corridor into Vance County from Raleigh metro</li><li>​Minutes north of downtown Henderson</li><li>​Surrounded by established auto, industrial, and warehouse businesses</li><li>​Adjacent to newly constructed Dollar

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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