1520 N Wesleyan Blvd, Rocky Mount, N

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1520 N Wesleyan Blvd, Rocky Mount, N

Rocky Mount, NC 27804
Asking Price
$1.30M
Asset Type
Retail
Class
Class B

What's Special

1520 N Wesleyan Blvd is located in a high-traffic commercial corridor in northern Rocky Mount, North Carolina. The property sits directly on U.S. Route 301, a primary regional thoroughfare providing direct access to nearby Interstate 95 and Highway 64. The surrounding neighborhood is characterized by a mix of established retail centers, automotive services, and fast-food establishments. Notable nearby amenities include the Golden East Crossing mall and several national hospitality chains. The location benefits from significant daily vehicle counts and serves as a key transit point between the city's residential districts and the regional industrial hubs. This retail asset is well-suited for businesses requiring high visibility and consistent consumer drive-by traffic. The property’s layout and location support a variety of use cases, including traditional showrooms, hardware outlets, or specialty retail storefronts. An ideal tenant profile would include regional service providers, discount retailers, or automotive-related businesses looking to leverage the area's existing commercial synergy. The site offers functional space for operators seeking a balance of accessible customer parking and prominent signage opportunities along a major transit artery.

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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

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