Property summary
This exceptional investment opportunity presents a 14,820 square foot Dollar Tree retail building situated on a 2-acre lot at 766 W. Raleigh Blvd, Rocky Mount, NC, within the Raleigh MSA. The property boasts an absolute NNN lease, minimizing landlord responsibilities and maximizing passive income. With over 10 years remaining on the initial lease term, this investment offers significant long-term stability. The property generates a substantial net operating income (NOI) of $300,000, resulting in an attractive 4.29% cap rate. Built in 2010, the building benefits from a high-traffic location, experiencing approximately 11,500 vehicles daily. Conveniently located near Interstate 95 and US Highway 64, this property enjoys excellent accessibility. Dollar Tree subleases from Walgreens, further solidifying the tenant's commitment. The asking price for this turnkey investment is $7,000,000. Rocky Mount's thriving economy, anchored by major employers like Pfizer and Honeywell, and its strategic location within the Raleigh-Durham metropolitan area, ensures a strong and consistent rental income stream. This is a rare opportunity to acquire a stable, high-performing retail asset with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Pharmacy
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Discount Store
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Rocky Mount market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B2 · Rocky Mount, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Rocky Mount, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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