634 Independence Blvd, Morganton, N

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634 Independence Blvd, Morganton, N

Morganton, NC 28655
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

634 Independence Boulevard is situated along a primary commercial corridor in Morganton, North Carolina. The neighborhood is characterized by a mix of established retail centers, quick-service restaurants, and professional offices. The property benefits from high visibility and proximity to major local amenities, including the Morganton Heights shopping complex and various regional medical facilities. Access to the site is facilitated by its position near the intersection of Independence Boulevard and Sanford Drive, providing connectivity to the downtown district and Interstate 40. The asset is suited for a variety of retail applications, including soft goods, specialty storefronts, or consumer service providers. The building’s configuration and roadside presence make it an appropriate location for national franchises or local businesses requiring prominent signage and consistent commuter traffic. Typical tenants for this submarket include convenience-based retailers, medical outposts, and food service operators looking to leverage the area's stable residential base and regional draw.

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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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