505 Dr Donnie H Jones Jr Blvd W

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505 Dr Donnie H Jones Jr Blvd W

Princeton, NC 27569
Asking Price
$1.49M
Asset Type
Retail
Class
Class B

What's Special

505 Dr Donnie H Jones Jr Blvd W is situated in the business corridor of Princeton, North Carolina. The property benefits from its location along a primary east-west thoroughfare, providing direct access to nearby Highway 70, which connects the site to Goldsboro and Smithfield. The immediate neighborhood features a mix of local municipal offices, residential pockets, and established small businesses. Local amenities include the nearby community park and proximity to Johnston County public schools. The site offers high visibility for local commuters and regional traffic traveling through the central business district. The asset is suitable for a variety of general retail or professional service applications. Potential use cases include neighborhood convenience retail, specialty boutiques, or service-oriented businesses such as insurance agencies or salons. The typical tenant profile would likely consist of local entrepreneurs or regional service providers seeking a functional storefront with consistent vehicular exposure. The property’s layout supports businesses that require a blend of retail floor space and administrative or storage capacity to serve the growing residential population within the surrounding rural and suburban trade area.

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NOI
$80,000
Cap Rate
5.36%
DSCR
0.90
Underwater
Cash-on-Cash
-1.93%
Monthly Payment
$7,386.099
Annual Cash Flow
$-8,633.19

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