819 Tiffany - Medical FOR SALE


Rocky Mount, NC 27804
$3,000,000 USD
919-475-5769
819 Tiffany, Rocky Mount, NC for Sale
$3,000,000 USD
Medical - FOR SALE
1/6
null | 6.01% Cap Rate

819 Tiffany
Rocky Mount, NC 27804


HIGHLIGHTS

  • Strategic Location
  • Impressive Rental Income
  • Optimal Financial Performance
  • Solid Investment
  • Yield Value-Add Opportunity

OVERVIEW

Nestled in the heart of Rocky Mount, 819 Tiffany Blvd presents a prime investment opportunity in the commercial real estate landscape. This meticulously maintained property boasts an impressive array of features: ? Monthly Rent: $15,900+ ? Net Operating Income: $180,000+/year Long-standing national tenants: Monarch renewed for an additional 5 years and Eye Care is also renewing for 5 more years. Strategically designed for optimal returns, this investment yields a solid 6%+ cap rate, valuing the property at $3 million. The property also offers a value-add opportunity with approximately 900 sq. ft. of prime space, currently in its cold dark shell state. This blank canvas presents endless possibilities for customization and expansion, allowing for even greater revenue potential.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

X

APN/PARCEL ID

044640

ASK ABOUT THIS PROPERTY

Vandan Gandhi, CCIMKW CommercialMore Info
919-475-5769

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Vandan Gandhi, CCIMKW CommercialMore Info
919-475-5769

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.