1241 Independence Drive, Rocky Mount, NC 27804
Retail/showroom space with attached warehouse in a prime location.
- Added:
- Mar 12, 2026
- Days on Market:
- 102
- Last Refresh:
- Apr 6 at 3:55 am
Property Features for 1241 Independence Drive
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Lot size
- 0.65 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1977
Listing agent Marvin Shearin License #189964
Listing office Coldwell Banker Allied Real Es (252) 937-6500
Listing date Mar 12, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Allied Real Es
HighLights
- Prime location near Benvenue Rd, Wesleyan Blvd/HWY 301, and US HWY 64 in a busy shopping/restaurant area.
- Large attached warehouse (approx 5500 sqft) in addition to retail space.
- Ample customer parking in front of the building.
- Retail space (approx 2600 sqft) features a beautiful front facade and large glass front windows.
- Retail space includes two offices, two bathrooms, and several additional workspaces.
- Warehouse has shelving, work spaces, and additional storage loft area.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.3k | $28.20 |
| − Vacancy | −$4.6k | −$1.77 |
| EGI | $68.7k | $26.43 |
| − OpEx | −$20.6k | −$7.93 |
| NOI | $48.1k | $18.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rocky Mount
- County
- Nash
- State
- North Carolina
- Longitude
- -77.8044
- Latitude
- 35.9702