809 Tiffany Boulevard Rocky Mount, NC 27804

Building Details

Year Built

2001

Listing Agency KW Commercial VG Realty v***@gmail.com Show Phone

Listed by Vandan Gandhi · License ##247850 Show Phone

Source Realnex

Added: Jan 26 Checked: Jun 26 at 9:39 pm

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Investment Insights

Based on property information with market context.

Located in the economic core of Rocky Mount, this stabilized, high-performing retail asset is backed by national-credit tenants Monarch and Eye Care, both secured with fresh 5-year lease renewals. The property is offered at a 7.0% cap rate with a net operating income of $194,012. The investment, priced at $2.75M, delivers immediate, reliable cash flow and strong in-place performance. The property features a 900 SF cold dark shell positioned for value-add and income expansion, presenting opportunities for investors seeking both security and aggressive return potential in a proven market.

Key Highlights

• Backed by national‑credit tenants (Monarch and Eye Care) with fresh 5‑year lease renewals, ensuring stability
• Offered at a compelling 7.0% cap rate with a Net Operating Income (NOI) of $194,012
• Priced at $2.75M, delivering immediate and reliable cash flow with strong in‑place performance

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FAQs

What type of property is this?

Retail space - Stabilized retail asset with national tenants and growth potential.

Where is this retail space located?

The property is located at 809 Tiffany Boulevard Rocky Mount, NC.

What is the asking price?

The asking price for this property is $2,750,000.

What are key features of this property?

This property features: Backed by national‑credit tenants (Monarch and Eye Care) with fresh 5‑year lease renewals, ensuring stability; Offered at a compelling **7.0% cap rate** with a Net Operating Income (NOI) of $194,012; Priced at $2.75M, delivering immediate and reliable cash flow with strong in‑place performance