960 Tarrytown Ctr - Restaurant FOR SALE


Rocky Mount, NC 27804
$2,804,172 USD
202-361-3050
960 Tarrytown Ctr, Rocky Mount, NC for Sale
$2,804,172 USD
Restaurant - FOR SALE
1/2
null | 5.25% Cap Rate

960 Tarrytown Ctr
Rocky Mount, NC 27804


HIGHLIGHTS

  • Positioned along Sunset avenue and N Wesleyan Blvd with excellent visibility, high traffic, and standing and wall signage.
  • Strong Population 5-mile radius : 58,681
  • Corporate Tenant | Corporate Guarantee
  • Long-Term, 9.5 Year Absolute Triple Net (NNN) Lease
  • Right next to a Sam’s Club in a Dense Retail Corridor and in the vicinity: Dollar Tree, Popeye's, Starbucks, Bo jangles, Freddy’s, and more.
  • Less than Two Miles from Golden East Crossing Shopping Mall | 55+ Retail Stores

OVERVIEW

Triple Net Investment Group is proud to present the lucrative investment opportunity at 960 Tarrytown Center–Rocky Mount, NC. This prime property boasts a strategic location along Sunset Avenue and N Wesleyan Blvd, offering exceptional visibility with high traffic flow and prominent wall signage. With a robust population of 58,681 within a 5-mile radius, this property is set up for success. Built in 2019, the corporate tenant, Panera, comes with a corporate guarantee and a secure long-term 9.5-year Absolute Triple Net (NNN) Lease. Nestled in a flourishing retail corridor next to Sam’s Club and surrounded by prominent brands like Starbucks and Dollar Tree, this property promises high visibility and foot traffic. Positioned less than two miles from the Golden East Crossing Shopping Mall, with over 55 retail stores, this property is located in a bustling commercial hub. With Panera, a successful fast-food chain backed by JAB Holdings, as the anchor tenant, this investment opportunity is truly one of a kind, offering stability, growth potential, and long-term success. In Association with Brian Brockman – Broker License #: 298998 Bang Realty-North Carolina Inc

FOR SALE DETAILS

PRICE

$2,804,172 USD

PRICE/SF

$514 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate Panera Bread

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

C

APN/PARCEL ID

3840-12-85-1908

ASK ABOUT THIS PROPERTY

Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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