$29.53 Per Sq Foot $8,030 est/mo Sourced by Back At You

2521 N Church Street,Rocky Mount, NC 27804

Rocky Mount NC, 27804

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Description

Industrial Investment Opportunity in Rocky Mount, NC. COECO Office Systems, Inc currently occupies the majority of the space within the building, allowing for additional income to be added in the remaining 12,500 SQ FT heated Warehouse space. CAP Rate - 7 percent Value Add: Additional 12,500 square feet of conditioned warehouse space with a lay-down yard is also available for lease, providing the opportunity for even more revenue. Potential total NOI Projections = $155,250 Close proximity to CSX Carolina Connector Lease Terms: * Base Rent = $4,687.50 monthly/$56,250 annual * NNN $1 prorated = $1,041.66 monthly / $12,500 annual * 2 - 10 YR Term * 3% Annual Escalations * Electrical service: at the main distribution panel (MDP) is rated at 800 amps, three-phase, four-wire, 120/208 volts, alternating current feeding circuit breaker panels.

Details

MLS#10010368
Listing TypeFor Sale
StyleIndustrial
Sub-TypeFor-sale
StatusActive
Year1970
Days On Site112
Listing Provided ByCentury 21 Triangle Group | Marguerite Greene

Features

SQ Feet47,900
Story(s)1
Acreage3.45

Market Activity 27804

Information Not Guaranteed. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved

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Learn More About This Property

StateNC
CountyNash
CityRocky Mount
Zip Code27804
AreaNash
Listing VS Median (in 27804)
Price:
$1,414,285
low | high
Med:
$289,800
100% of Average
SqFt:
47,900
low | high
Med:
1,888
100% of Average
$ / SqFt:
$30
low | high
Med:
$153
100% of Average
On Site:
112
low | high
Med:
41.000000
100% of Average
Sourced by Back At You
Listing Updated: May 24, 2024 at 1:16:07 PM PDT