2521 Eastchester Drive

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2521 Eastchester Drive

High Point, NC 27265
Asking Price
$1.83M
Asset Type
Retail
Class
Class B

What's Special

2521 Eastchester Drive is situated in a primary commercial corridor of High Point, North Carolina, specifically within the High Point/Archdale submarket. The property is positioned along NC-68, a major north-south artery providing direct access to Interstate 74 and the Piedmont Triad International Airport. The surrounding neighborhood is characterized by a mix of established residential subdivisions and a high density of national retail brands, including grocery stores, fitness centers, and quick-service restaurants. This location benefits from consistent daily traffic counts and proximity to the regional employment hubs of Greensboro and Winston-Salem. The property is suited for retail or service-oriented businesses seeking high visibility and accessible surface parking. Ideal use cases include specialty boutiques, medical clinics, or professional service offices that prioritize ease of access for local commuters. Typical tenants for this asset profile include national franchises, regional financial institutions, or neighborhood-scale retailers looking to capture the area's stable demographic base. The site’s flexible footprint supports diverse layouts ranging from traditional storefronts to showroom-style configurations.

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NOI
$80,000
Cap Rate
4.37%
DSCR
0.74
Underwater
Cash-on-Cash
-5.22%
Monthly Payment
$9,053.842
Annual Cash Flow
$-28,646.098

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