1880 N Center St

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1880 N Center St

Hickory, NC 28601
Asking Price
Contact for price
Asset Type
Day Care/Nursery Office
Class
Class B

What's Special

6.95% <ul><li>​±14 years of lease term remaining</li><li>​Minimal landlord responsibilities (NN+)</li><li>​Attractive 3% annual escalators</li><li>​2025 Retrofit-To-Suit</li><li>​PAT Kids, recently acquired by Joybridge Kids, is the most comprehensive pediatric therapy clinic in Carolinas with 11 locations</li><li>​Hickory has been recognized as the #1 most beautiful and affordable place to live in the U.S (Travel + Leisure)</li><li>​Average household income of $107K+ within a 1-mile radius</li><li>​<

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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