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224 Wilkesboro Boulevard Northeast
Lenoir, NC 28645
Asking Price
$650K
Asset Type
Commercial Retail
Class
Class B
What's Special
This 1.27 ac parcel is an excellent commercial development opportunity <ul><li>Prime corner on Wilkesboro Blvd (NC-18) & Market St with strong daily traffic, dual frontage, and excellent visibility.</li><li>Surrounded by established retailers and services along a proven commercial corridor with national and local neighbors.</li><li>±1.27 acres near US-321 and downtown Lenoir, offering easy access and flexibility for office, medical, retail, or service uses.</li><li>Opened to combining with 1.51 ac adjacent out parcel. </li></ul>
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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856
