160 Coolridge St

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160 Coolridge St

Hendersonville, NC 28792
Asking Price
$3.66M
Asset Type
Retail
Class
Class B

What's Special

160 Coolridge Street is located in Hendersonville, North Carolina, situated within a commercial corridor characterized by a mix of established local businesses and national retailers. The property is positioned near major local thoroughfares and is less than two miles from the historic downtown district, providing access to regional shopping centers, medical facilities, and dining options. Regional transportation is supported by proximity to Highway 25 and Interstate 26, facilitating logistics and customer access from the surrounding Henderson County area. The property is suited for general retail use, including boutique storefronts, specialty consumer goods, or service-oriented businesses. Its location and layout align with the needs of small to mid-sized operators seeking visibility within a steady suburban market. Typical tenants for this asset profile include neighborhood service providers, fitness studios, or independent retailers catering to the local residential population and regional commuters.

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NOI
$80,000
Cap Rate
2.18%
DSCR
0.37
Underwater
Cash-on-Cash
-12.51%
Monthly Payment
$18,119.903
Annual Cash Flow
$-137,438.839

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