Retail Asset in Rocky
For Sale
$2,750,000
809 & 819 Tiffany Boulevard, Rocky Mount, NC 27804
Stabilized retail asset with national tenants and growth potential.
Property Size10,738 SF
Price / SF$3,055
Days on Market206
Property Features for 809 & 819 Tiffany Boulevard
General Information
Standard status
Active
Size
10,738 SF
Property subtype
Commercial
Zoning
X
Net Operating Income
$194,012
Building Details
Building Size
10,738 SF
Year Built
2001
Listed By:
Vandan Gandhi, CCIM · License #NC #247850
(919) 475-5769
Source:
Vgrealty
Added: Apr 8
Changed: Oct 26
Last Checked: Oct 28 at 7:33AM
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 Vandan Gandhi, CCIM
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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
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
366k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 28%
Apparel 27%
Office Supplies 6%
Chick-fil-A
Dining
57,986 visits/mo
0.5 miles
Burlington
Apparel
25,668 visits/mo
0.4 miles
Dunham's Sports
Apparel
24,508 visits/mo
0.3 miles
Ross Dress for Less
Apparel
24,173 visits/mo
0.2 miles
Office Depot
Office Supplies
21,418 visits/mo
0.4 miles
Demographics for 27804, NC
28,707
Population
14,352
Households
2
Avg Household Size
42
Median Age
27%
College-Educated
89%
High-School Grad
43.0 sq mi
ZIP Area
668
Density / Sq Mi
$58,837
Median Household Income
$36,445
Median Earnings
$977
Median Rent
$177,600
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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 & 819 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
