43k SF Food Lion-Anchored Shopping Cente

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43k SF Food Lion-Anchored Shopping Cente

Rocky Mount, NC 27804
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

43k SF Food Lion-Anchored Shopping Center is located in Rocky Mount, North Carolina, situated within a developed residential corridor. The property benefits from high visibility along local transit routes and is positioned near regional highways that connect the site to the broader Twin County area. The surrounding neighborhood is characterized by established single-family housing and essential community services. Nearby amenities include various fast-food outlets, local government offices, and medical facilities, ensuring steady vehicular traffic and accessibility for neighboring commuters. The asset is primarily suited for neighborhood-scale retail and service-oriented businesses. Ideal use cases include discount variety stores, fitness centers, laundry services, and specialty healthcare providers. The typical tenant profile consists of national and regional retailers seeking stable foot traffic generated by the anchor grocery store. The property provides flexible floor plans appropriate for satellite shop space, catering to businesses that require proximity to a high-frequency daily needs destination to serve the local resident base.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times