115 Oakdale Dr

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115 Oakdale Dr

Hillsborough, NC 27278
Asking Price
$5.50M
Asset Type
Retail
Class
Class B

What's Special

115 Oakdale Drive is situated in a high-traffic commercial corridor in Hillsborough, North Carolina, just south of the historic downtown district. The neighborhood features a mix of established residential pockets and established retail centers. The property offers immediate access to Highway 70 and is positioned less than two miles from the Interstate 84/Interstate 40 interchange, facilitating regional connectivity. Nearby amenities include national grocery chains, local dining options, and public parks, ensuring consistent foot traffic and visibility within the local trade area. This retail asset is suited for diverse use cases such as neighborhood service providers, boutique shops, or specialty clinics. The layout and strategic positioning cater to tenants seeking visibility and accessibility for a local customer base. Ideal occupants include professional service firms, wellness studios, or retail showrooms that benefit from the proximity to both residential neighborhoods and major transit routes. The site provides ample opportunity for businesses requiring a stable presence within the growing Hillsborough market.

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NOI
$80,000
Cap Rate
1.45%
DSCR
0.24
Underwater
Cash-on-Cash
-14.94%
Monthly Payment
$27,210.999
Annual Cash Flow
$-246,531.989

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