2325 Sunset AVE, Rocky Mount, NC 27804
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2325 Sunset AVE, Rocky Mount, NC 27804
2325 Sunset AVE, Rocky Mount, NC 27804
2325 Sunset AVE, Rocky Mount, NC 27804
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Listed by Braddock Realty
$ 775,000
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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


Doorify MLS

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Broker License ID: 311950

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2325 Sunset AVE