101 New Marke

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101 New Marke

Madison, NC 27025
Asking Price
$6.50M
Asset Type
Retail
Class
Class B

What's Special

101 New Market is situated within a central retail cluster in Madison, North Carolina. Positioned near the intersection of Highway 311 and Highway 220, the site benefits from regional connectivity linking the property to Greensboro and the surrounding Rockingham County area. The immediate neighborhood features a mix of established shopping centers, national fast-food chains, and essential service providers. The location offers convenient ingress and egress for commuters, with proximity to local residential subdivisions ensuring a consistent flow of local traffic through the commercial corridor. The property is suited for retail operations that require high visibility and easy accessibility for a suburban customer base. Ideal use cases include general merchandise stores, specialty boutiques, or service-oriented businesses such as hair salons and dry cleaners. Typical tenants include local entrepreneurs or regional franchises looking to capture the daily needs of the Madison community. The layout accommodates businesses that rely on frequent customer turnover and benefit from being situated alongside complementary retail and dining establishments within a high-traffic regional hub.

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NOI
$80,000
Cap Rate
1.23%
DSCR
0.21
Underwater
Cash-on-Cash
-15.69%
Monthly Payment
$32,158.453
Annual Cash Flow
$-305,901.442

Location & Travel Times