NNN eyecarecenter Rocky Mount NC Multi Tenant Building
Office
for Sale
| Catylist Listing ID: |
30671894 |
| Property Subtypes: |
Medical, Mixed Use, Net Leased, Office Building
|
| Building Size (RSF): |
10,738 SF
|
| Gross Land Area: |
1.58 Acres
|
| Sale Price: |
$2,300,000 |
| Unit Price: |
$214.19 PSF |
| Ceiling: |
12 ft. |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
eyecarecenter at Tiffany Drive |
| Class of Space: |
Class A |
| Usable Size (USF): |
10,738 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
8.0% |
| Average Occupancy Rate: |
98 |
| Last Updated: |
1/14/2021 |
Overview / Comments
This building is a multi tenant building with two anchor tenants. eyecarecenter leasing 4,224 sq. ft.with a renewed 5 year NNN lease executed in May 2020 and Monarch Services leasing 5,575 sq. ft. in the middle of their second 5 year NN lease with 939 sq ft vacant for value add.eyecarecenter has been in practice in this location since 2000. National tenant and corporate tenant not a franchisee. eyecarecenter is one of the leading optometry practices in the country.
Monarch provides high-quality care and trauma-informed services in a nurturing environment for people with intellectual and developmental disabilities, mental illness and substance use disorders statewide. And recently, we opened the SECU Youth Crisis Center, a Monarch program in Charlotte, which provides mental health care to children and teens.
|
Additional Details
| Nearest MSA: |
Rocky Mount |
| County: |
Nash |
| Taxing Authority: |
Nash |
| Tax ID/APN: |
Parcel ID 044640 |
| Zoning: |
COMMERCIAL/OFFICE/RETAIL |
| Property Located Between: |
Tiffany Blvd and Benvenue Rd. |
| Property Visibility: |
Excellent |
| Highway Access: |
Hwy 64 |
| Airports: |
Rocky Mount-Wilson Regional Airport and Raleigh Durham International Airport |
| Site Description: |
This multi tenant building stands out on Tiffany Blvd. 1.58 acres of well kept building, landscaping and parking. |
| Area Description: |
This asset is located in the office and retail sector of Rocky Mount. surrounded by rooftops and commerce. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
2001 |
| Year Renovated: |
2018 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Very well maintained brick and glass building |
| Parking Type: |
Surface |
| Air Conditioning: |
Engineered System |
| Interior Description: |
Very well appointed medical optometry office and Monarch's wellness center. |
| Zoning Description: |
Commercial/Office/Retail |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,029 |
33,147 |
59,378 |
| Median Age: |
34.46 |
39.03 |
39.23 |
| Households: |
884 |
13,832 |
23,812 |
|
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