940 North Lake Drive

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940 North Lake Drive

Lexington, SC 29072
Asking Price
$475K
Asset Type
Retail
Class
Class B

What's Special

For Sale or Ground Lease/Build-to-Suit: ±0.40-Acre Parcel in Prime Lexington Location <ul><li>​<span style="color: rgba(0, 7, 89, 1)">Tax map ID: 004300-02-043</span></li><li>​<span style="color: rgba(0, 7, 89, 1)">Zoning: General Commercial</span></li><li>​<span style="color: rgba(0, 7, 89, 1)">Utilities: water and sewer available</span></li><li>​<span style="color: rgba(0, 7, 89, 1)">Frontage on North Lake Drive</span></li><li>​<span style="color: rgba(0, 7, 89, 1)">Potential for additional parking from neighboring property</span></li><li>​<span style="color: rgba(0, 7, 89, 1)"

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

Location & Travel Times