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2521 N Church StreetRocky Mount, NC 27804

  • Warehouse
  • $1,414,285.71
  • 47,900 SQFT

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.

Last Checked
1 minute ago
Last Updated
Apr 29, 2024
Days on Website
90

Property Details for 2521 N Church Street

2521 N Church Street is a warehouse commercial space for sale in Rocky Mount, NC 27804.

All

Marguerite Greene

Century 21 Triangle Group

919-219-9312

Please contact Marguerite Greene at Century 21 Triangle Group direct by phone at 919-219-9312. You may also reach Century 21 Triangle Group by phone at 919-552-4517.

Listing Provider for 2521 N Church Street

Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

Agent:
Marguerite Greene
Agent Phone Number:
919-219-9312
Office:
Century 21 Triangle Group
Office Phone Number:
919-552-4517
MLS ID:
10010368
Data Source:
Triangle MLS
Last Checked:
1 minute ago
Last Updated:
April 29, 2024 1:49 PM UTC
Days on Site:
90
Triangle MLS