225 S Madison Blvd - Storefront Retail/Office FOR SALE


Roxboro, NC 27573
$795,000 USD
919-500-1076
225 S Madison Blvd, Roxboro, NC for Sale
$795,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | 8.17% Cap Rate

225 S Madison Blvd
Roxboro, NC 27573


HIGHLIGHTS

  • 8.17 percent cap rate based on current in-place income
  • Located at a signalized hard corner on Roxboro’s busiest commercial corridor
  • Over 20,500 vehicles per day for maximum visibility and exposure
  • Fully leased ±11,000 SF mixed use building with six suites across three levels
  • Includes additional 0.25 acre parcel for expanded parking or future improvements
  • Less than 30 miles from downtown Durham

OVERVIEW

±11,000 SF multi bay mixed use building located at the signalized intersection of S Madison Blvd and Long Ave, the busiest commercial corridor in Roxboro. The property features six suites across three levels and is now fully leased, generating $86,400 in gross annual income. Based on current operating costs, estimated NOI is approximately $64919.17, supporting a 8.17 percent cap rate at the asking price of $795,000. All suites are leased on gross terms and remain below market, providing upside through renewals, improved management, or conversion to NNN leases over time. The sale also includes a separate 0.25 acre parcel at the rear of the site, ideal for expanded parking or future development. Located across from a new Burger King and just behind a newly constructed SECU Credit Union, the site offers dual access, excellent visibility, and over 20,500 vehicles per day. Less than 30 miles from downtown Durham.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

8.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

B-1

APN/PARCEL ID

30-82

ASK ABOUT THIS PROPERTY

Brant RubenCityPlatMore Info
919-500-1076

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Brant RubenCityPlatMore Info
919-500-1076

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