Historic Shopping Center For
For Lease
Contact for pricing
601-729 Walnut St, Rocky Mount, NC 27803
Shopping center in Rocky Mount, new roof, renovated units.
Space Size1,600 SF - 6,350 SF
Property Size22,910 SF
Days on Market2119
Property Features for 601-729 Walnut St
General Information
Standard status
Active
Size
1,600 SF - 6,350 SF
Class
C
Property subtype
Retail
Lease Type
Gross
Building Details
Building Size
22,910 SF
Year Built
1954
Tenancy
Multiple
Spaces For Lease
at 601-729 Walnut St Contact us- Size
- 1,600 SF
- Type
- Retail
- Lease Type
- Gross
- Availability
- Active
Unit 713
- Size
- 6,350 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 601
Listing Agency:
MKM Commercial
(919) 907-0760
Listed By:
Arpan Makam · License #NC 263636
Source:
Crexi
Added: Oct 21, 2020
Changed: Aug 8
Last Checked: May 13 at 8:15PM
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 MKM Commercial
Investment Insights
Based on property information with market context.
This historic shopping center, located in Rocky Mount, is available for lease. Constructed in 1954, the property received a new roof in 2019, along with renovations to some of its units. The current owner acquired the property in September 2020 and has since repaved the parking lot and repaired the main sign. The shopping center is positioned with residential properties on one side and commercial properties on the other. Neighboring commercial establishments include national chains such as Dollar Tree, Hardee's, and Piggly Wiggly. The shopping center is planned to be renovated in the future and will contain over 10 tenants, surrounded by multiple retail and residential locations.
Key Highlights
- High‑traffic location surrounded by residential and commercial properties.
- Anchored by national chains including Dollar Tree, Hardee's, and Piggly Wiggly.
- Repaved parking lot.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Groceries 29%
Dining 20%
Dollar Tree
Shops & Services
8,276 visits/mo
0.2 miles
Piggly Wiggly
Groceries
7,719 visits/mo
0.4 miles
Hardee's
Dining
5,375 visits/mo
0.3 miles
Dollar General
Shops & Services
3,714 visits/mo
0.4 miles
Mobil
Shops & Services
1,824 visits/mo
0.3 miles
Demographics for 27803, NC
20,882
Population
10,079
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
88%
High-School Grad
41.9 sq mi
ZIP Area
498
Density / Sq Mi
$59,647
Median Household Income
$38,154
Median Earnings
$889
Median Rent
$168,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Walnut Shopping Center — 709 Walnut St, Rocky Mount, NC 27803
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center in Rocky Mount, new roof, renovated units.
Where is this shopping center located?
The property is located at 601-729 Walnut St Rocky Mount, NC.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: High‑traffic location surrounded by residential and commercial properties.; Anchored by national chains including Dollar Tree, Hardee's, and Piggly Wiggly.; Repaved parking lot.
