1200 Eastern Ave

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1200 Eastern Ave

Nashville, NC 27856
Asking Price
$1.91M
Asset Type
Retail
Class
Class B

What's Special

1200 Eastern Avenue is located in Nashville, North Carolina, situated along a primary commercial corridor with direct access to US-64. The surrounding area features a mix of established residential neighborhoods and local businesses. Nearby amenities include grocery stores, fast-food franchises, and civic offices, creating a steady flow of local traffic. The property is positioned approximately 45 miles east of Raleigh, making it accessible for regional logistics and commuters via the interstate network. The asset is suited for a variety of general retail applications, including convenience services, specialty boutiques, or small-scale hardware. The building layout supports flexible interior configurations for tenants such as service-oriented businesses or neighborhood-scale retailers. Typical occupants for this location include regional franchises or local entrepreneurs seeking visibility on a high-traffic thoroughfare within a stable community market.

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NOI
$80,000
Cap Rate
4.18%
DSCR
0.70
Underwater
Cash-on-Cash
-5.86%
Monthly Payment
$9,470.689
Annual Cash Flow
$-33,648.271

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