Log In/Sign Up
Your email has been sent.
Sunset Office Building Sunset Ave 11,033 SF 30% Leased Office Building Rocky Mount, NC 27804 $900,191 CAD ($81.59 CAD/SF)
EXECUTIVE SUMMARY
Acquire this 1978 10-unit office building for $650,000 - less than half of replacement cost. Located at 3048-3094 Sunset Avenue, on 1 acre of land, this 11,033 square foot office building is being offered at just $58.91 per square foot. The high 70% vacancy provides an excellent opportunity to bring your aggressive lease up campaign and increase the current annual income of $21,816 to a projected stabilized annual income of $128,046. Based on the asking price and operating expenses of $12,541.57, the asset offers a compelling projected stabilized capitalization rate of 16.97%. Appraised in 2021 for $1,109,000
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
11,033 SF
Year Built
1978
Price
$900,191 CAD
Price Per SF
$81.59 CAD
Percent Leased
30%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,182 SF
Building FAR
0.25
Lot Size
1.00 AC
Parking
55 Spaces (4.99 Spaces per 1,000 SF Leased)
1 1
1 of 26
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Sunset Office Building | Sunset Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.