±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.