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Listed by Braddock Realty
$ 775,000
Est. payment /mo
New
2325 Sunset AVE Rocky Mount, NC 27804
7,274 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 7,274 sqft
Price per Sqft $106
MLS Listing ID 10192962
HOA Y/N No
Year Built 1966
Annual Tax Amount $10,561
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions Irregular - see tax records
Property Sub-Type Office
Source Doorify MLS
Land Area 7274
Property Description
Multi-tenant office investment with in-place income and lease-up upside on Rocky Mount's busiest retail corridor. Single-story +/-7,274 SF brick building (built 1966, renovated 2022) on +/-0.61 acres at a signalized intersection on Sunset Ave, surrounded by Sam's Club, Lowe's, CVS and national restaurant and hotel brands. 1.5 miles to UNC Health Nash and US-64, under an hour to Raleigh. Three established service tenants in place (staffing, home care and family services); one +/-2,100 SF open-concept suite is vacant and was most recently marketed at $14.00/SF/yr NNN. In-place scheduled income of $7,498/mo ($89,976/yr); pro forma at full occupancy $121,176/yr. Offering includes the 37 Westview Park Dr suites under common ownership. 41 surface parking spaces (+/-5.6/1,000 SF), building signage plus a dedicated monument road sign, O-I zoning accommodating office, medical and institutional uses. Asking $775,000 (+/-$107/SF), well below replacement cost. Rent roll and pro forma in associated documents; lease terms provided during due diligence. Please do not disturb tenants.
Location
State NC
County Nash
Area 0.61
Zoning O-I
Interior
Interior Features Other
Flooring Other
Fireplace No
Appliance Other
Exterior
Exterior Feature Other
Garage Spaces 41.0
Total Parking Spaces 41
Garage No
Building
Lot Description City Lot, Corner Lot, Other
New Construction No
Others
Tax ID 019082
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange

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