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2885 Reynolda Rd
Winston Salem, NC 27106-3110
Asking Price
$1.74M
Cap Rate
6.25%
Asset Type
Storefront Retail
Class
Class B
What's Special
6.25% CAP | Cellular Sales Franchisee - 780 Locations in 40 States <p>TOP PERFORMING VERIZON LOCATION</p><p> - Top 4% nationally by visits according to Placer.ai, reflecting strong store-level traffic and consumer demand.</p><p></p><p>EXPERIENCED OPERATOR </p><p>- Operated by Cellular Sales, Verizon's largest authorized retailer, with a large national footprint and long operating history.</p><p></p><p>AFFLUENT INFILL TRADE AREA </p><p>- More than 56,000 residents within 3 miles with average household income of approximately $105,848.</p><p></p><p>OUTPARCEL TO
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NOI
$80,000
Cap Rate
4.59%
DSCR
0.77
Underwater
Cash-on-Cash
-4.48%
Monthly Payment
$8,618.466
Annual Cash Flow
$-23,421.586
