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Dollar Tree Rocky Mount NC Sublease 766 W Raleigh Blvd 14,820 SF Retail Building Rocky Mount, NC 27803 $7,239,435 CAD ($488.49 CAD/SF) 5.71% Cap Rate
Investment Highlights
- 766 Raleigh Boulevard offers the opportunity to own a single-story, 14,820-square-foot retail building occupied by Dollar Tree.
- Situated at the signalized intersection of W Haven Boulevard and the heavily trafficked W Raleigh Boulevard in Rocky Mount. ADT 11,500.
- Absolute NNN lease with less than 10 years remaining on the initial lease term.
- Conveniently located in the Greater Raleigh area with easy access to Route 301, Interstate 95, and Highway 64.
Executive Summary
Large Price Reduction! Quality constructed building with a nationally credible Tenant located along a central area thoroughfare in the Greater Raleigh market. This 14,820-square-foot building sits at the signalized corner of W Haven Boulevard and the heavily trafficked W Raleigh Road. ADT for W. Raleigh Blvd at that intersection is 11,500. There are less than 10 years left on the initial lease term. The property is currently leased to Walgreens, subleased and occupied by Dollar Tree.
766 W Raleigh Boulevard provides quick access in and around Rocky Mount with Route 301 just minutes away. The property's positioning along the main retail corridor of Raleigh Road grants it superior connectivity and visibility to enhance its efficacy for a wide range of uses.
A suburb in northeast North Carolina, Rocky Mount is a bustling town with a major CSX rail hub and other national employers such as Pfizer and Honeywell. Easy access to Interstate 95 and US Highway 64 connects this city to other major areas in the state, like Raleigh, Wilson, and Greenville. Rocky Mount is home to various neighborhood parks, community centers and gardens, casual dining options, supermarkets, golf courses, and big-box stores. 766 W Raleigh Boulevard is an ideal investment for the long-term investor.
766 W Raleigh Boulevard provides quick access in and around Rocky Mount with Route 301 just minutes away. The property's positioning along the main retail corridor of Raleigh Road grants it superior connectivity and visibility to enhance its efficacy for a wide range of uses.
A suburb in northeast North Carolina, Rocky Mount is a bustling town with a major CSX rail hub and other national employers such as Pfizer and Honeywell. Easy access to Interstate 95 and US Highway 64 connects this city to other major areas in the state, like Raleigh, Wilson, and Greenville. Rocky Mount is home to various neighborhood parks, community centers and gardens, casual dining options, supermarkets, golf courses, and big-box stores. 766 W Raleigh Boulevard is an ideal investment for the long-term investor.
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,820 SF
Building Class
B
Year Built
2010
Price
$7,239,435 CAD
Price Per SF
$488.49 CAD
Cap Rate
5.71%
NOI
$413,682 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.05 AC
Zoning
B-2 - to designate appropriate areas for high- intensity commercial uses intended to serve retail sales and service, business and professional service needs
Parking
75 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
Walgreens began in 1901 on Chicago's South Side, when pharmacist Charles R. Walgreen Sr. opened a neighborhood drugstore that grew into a national chain. Walgreens later combined with Alliance Boots to form Walgreens Boots Alliance, bringing together retail pharmacy, pharmaceutical wholesaling, and healthcare services under one business. Walgreens Boots Alliance operates an integrated healthcare, pharmacy, and retail model spanning U.S. and international operations, with businesses centered on prescription filling, consumer health products, beauty items, and related services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3759-09-26-0648 | Improvements Assessment | $2,584,248 CAD |
| Land Assessment | $298,779 CAD | Total Assessment | $2,883,027 CAD |
Property Taxes
Parcel Number
3759-09-26-0648
Land Assessment
$298,779 CAD
Improvements Assessment
$2,584,248 CAD
Total Assessment
$2,883,027 CAD
Contact
-
Jahan Tabatabaie -
Family Investments Realty
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Dollar Tree Rocky Mount NC Sublease | 766 W Raleigh Blvd
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