538 Akron Dr

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538 Akron Dr

Winston-Salem, NC 27105
Asking Price
$1.79M
Asset Type
Retail
Class
Class B

What's Special

538 Akron Drive is located in the northern corridor of Winston-Salem, North Carolina, situated near the intersection of Akron Drive and North Liberty Street. The surrounding neighborhood features a mix of industrial facilities, residential pockets, and established local businesses. The property offers proximity to Smith Reynolds Airport and is less than one mile from US-52, providing efficient transit access to the downtown core and the greater Piedmont Triad region. Nearby amenities include several fuel stations, fast-food dining options, and public transit stops along main thoroughfares. This retail asset is suited for businesses requiring high visibility and functional square footage. Ideal use cases include automotive parts sales, specialty hardware, or convenience retail catering to the local workforce and residents. The strategic location near major transportation routes also makes it a viable option for service-oriented tenants, such as equipment rental companies or small-scale distribution centers needing a retail storefront. The typical tenant profile includes localized service providers and independent retailers seeking a high-traffic location with straightforward logistical access.

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NOI
$80,000
Cap Rate
4.46%
DSCR
0.75
Underwater
Cash-on-Cash
-4.91%
Monthly Payment
$8,865.838
Annual Cash Flow
$-26,390.059

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