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1100 - 1110 Atlantic Ave.
Rocky Mount, NC 27801
Asking Price
$2.00M
Cap Rate
6.7%
Asset Type
Warehouse Industrial
Class
Class B
What's Special
Industrial | 6.70% CAP | 51,496 SqFt <ul><li>Crane-served warehouse</li><li>Existing paint booth and wash bay</li><li>Fenced outdoor storage yard</li><li>On-site fueling station</li><li>Heavy 3-phase power</li><li>Fully paved loading and circulation areas</li><li>Multiple grade-level doors for efficient circulation</li><li>Annual base rent for Bldg. 1 & 3 is now $115,846.16</li><li>Annual base rent for Bldg. 4 is $17,940</li><li>The NOI is now $133,786.16</li></ul>
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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905
