Leased Retail Building with New
For Sale
$785,000
B-145 E Main St, Youngsville, NC 27596
Retail building with a brand new HVAC system, currently leased, positioned at East Main Street and HWY 96.
Property Size2,440 SF
Price / SF$321.72
Days on Market130
Property Features for B-145 E Main St
General Information
Standard status
Active
Size
2,440 SF
Taxes and HOA fees
Annual Taxes
$2,173
Listing Agency:
Brassfield Realty
(919) 494-4040
Listed By:
Julia Thompson · License #282830
(919) 632-1799
Source:
Exprealty
Added: Apr 29
Changed: Aug 20
Last Checked: Sep 4 at 8:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brassfield Realty
Investment Insights
Based on property information with market context.
This leased retail building includes a brand new HVAC system and is currently occupied. The property is configured as a street-facing storefront option within a commercial retail setting.
The building sits at one of Youngsville’s busiest intersections, East Main Street and HWY 96, placing it in front of a steady flow of traffic. It also offers the opportunity to be part of downtown Youngsville’s retail environment.
The building sits at one of Youngsville’s busiest intersections, East Main Street and HWY 96, placing it in front of a steady flow of traffic. It also offers the opportunity to be part of downtown Youngsville’s retail environment.
Key Highlights
- Retail building located at the intersection of East Main Street and Hwy 96 in Youngsville
- Brand new HVAC system
- Property is currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,294
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$865,880
$865.9K
Cap Rate 7%
$618,486
$618.5K
Cap Rate 9%
$481,044
$481.0K
Market Conditions
NOI Build-Up for 2,440 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$65.9K $27.00/SF
− Vacancy
−$4.0K −$1.65/SF
EGI
$61.8K $25.35/SF
− OpEx
−$18.6K −$7.60/SF
NOI
$43.3K $17.74/SF
Area
Franklin County, NC
Vacancy
6.12%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$865,880
Cap Rate 7%
$618,486
Cap Rate 9%
$481,044
Alternative Uses
Best Use
Retail
$618.5K
$541.2K – $721.6K
NOI $43,294 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$696.7K
$609.6K – $812.8K
NOI $48,768 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 24%
Speedway
Shops & Services
6,441 visits/mo
0.2 miles
SUBWAY
Dining
1,981 visits/mo
0.3 miles
Demographics for 27596, NC
19,023
Population
8,030
Households
2.4
Avg Household Size
41
Median Age
37%
College-Educated
93%
High-School Grad
52.8 sq mi
ZIP Area
360
Density / Sq Mi
$90,189
Median Household Income
$47,302
Median Earnings
$1,147
Median Rent
$343,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building with a brand new HVAC system, currently leased, positioned at East Main Street and HWY 96.
Where is this retail space located?
The property is located at B-145 E Main St Youngsville, NC.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Retail building located at the intersection of East Main Street and Hwy 96 in Youngsville; Brand new HVAC system; Property is currently leased
