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1123 East Raleigh Boulevard
Rocky Mount, NC 27801
Asking Price
$1.30M
Asset Type
Pharmacy/Drug Retail
Class
Class B
What's Special
Retail | 14,217 SqFt <ul><li>14,217 SF on 1.67 Acres</li><li>Freestanding, former Walgreens located near signalized intersection</li><li>Built in 2004</li><li>Double drive-thru and 62 parking spaces</li><li>All brick construction, prominent visibility</li><li>NOI $124,375 through 5/31/2028</li><li>Tenant willing to buyout lease</li></ul>
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712
