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1473 North Wesleyan Blvd
Rocky Mount, NC 27804
Asking Price
$1.75M
Asset Type
Storefront Retail
Class
Class B
What's Special
Raleigh MSA | Value-Add Opportunity | Large Parcel <p>• Highly sought after value-add & redevelopment opportunity in the Raleigh area</p><p>• Great visibility and access from N Wesleyan Blvd | 18,000 VPD</p><p>• Located inside of dense retail corridor | 2.9M SF within a 1-mile radius</p><p>• Large parcel | 1.82 acres</p><p>• Large industrial presence nearby bringing in a high volume of daytime workers to the area | 4.2M SF of space within a 2-mile radius</p><p>• 10 minutes from UNC Health Nash General Hospital | 282 beds</p><p>• 6 minutes from N
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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542
