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940 Cokey Rd
Rocky Mount, NC 27801
 Dollar General Market: Rocky Mount, NC · Retail Property For Sale

Storefront Properties North Carolina Rocky Mount 940 Cokey Rd, Rocky Mount, NC 27801

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INVESTMENT HIGHLIGHTS

  • NNN Lease
  • 5% Rent Increases Every 5 Years
  • 2024 Construction

EXECUTIVE SUMMARY

CBRE is pleased to exclusively offer for sale the 10,959-square-foot Dollar General Market situated on 7.16 acres in Rocky Mount, NC. Built in 2024, Dollar General's NNN lease features ±13.9 years of primary term remaining with a 5% rent increase every 5 years throughout the initial term and in each of the five, 5-year renewal options.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,959 SF
Building Class
C
Year Built
2024
Price
$2,983,515 CAD
Price Per SF
$272.24 CAD
Cap Rate
6.65%
NOI
$198,404 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
7.16 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
30 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
188’ on Cokey Road
 

  • Listing ID: 35253693

  • Date on Market: 2025-03-25

  • Last Updated:

  • Address: 940 Cokey Rd, Rocky Mount, NC 27801

The Retail Property at 940 Cokey Rd, Rocky Mount, NC 27801 is currently available for Sale. Contact CBRE for more information.

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