809 Tiffany Blvd - Retail FOR SALE


Rocky Mount, NC 27804
$2,750,000 USD
919-475-5769
809 Tiffany Blvd, Rocky Mount, NC for Sale
$2,750,000 USD
Retail - FOR SALE
1/6
null | 7.05% Cap Rate

809 Tiffany Blvd
Rocky Mount, NC 27804


HIGHLIGHTS

  • Immediate Cash Flow: Stabilized asset delivering a strong 7.0% cap rate with $194,012 NOI in place
  • National-Credit Tenancy: Anchored by Monarch and Eye Care, both secured with fresh 5-year lease renewals
  • Prime Core Location: Positioned in the economic heart of Rocky Mount, ensuring long-term tenant demand
  • Built-In Upside: 900 SF cold dark shell offers clear path for value-add and income growth
  • Defensive Investment: Essential-service tenants provide durability through market cycles

OVERVIEW

Located in the economic core of Rocky Mount, this stabilized, high-performing retail asset is backed by national-credit tenants Monarch and Eye Care, both secured with fresh 5-year lease renewals. Offered at a compelling 7.0% cap rate with an NOI of $194,012, this $2.75M investment delivers immediate, reliable cash flow and strong in-place performance from day one. The upside is undeniable, featuring a 900 SF cold dark shell positioned for value-add and income expansion. Opportunities combining stability, yield, and built-in growth are increasingly scarce, this is a decisive acquisition for investors seeking both security and aggressive return potential in a proven market.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

809 & 819 Tiffany Blvd - Eye Care & Monarch

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

X

APN/PARCEL ID

044640

ASK ABOUT THIS PROPERTY

Vandan Gandhi, CCIMKW CommercialMore Info
919-475-5769

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Vandan Gandhi, CCIMKW CommercialMore Info
919-475-5769

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