2521 N Church Street Rocky Mount, NC 27804
Warehouse
MLS #: 10010368
Courtesy Of Century 21 Becky Medlin Realty
Property InformationDescription
Industrial Investment Opportunity in Rocky Mount, NC.
COECO Office Systems, Inc currently occupies the majority of the space within the building, allowing for additional income to be added in the remaining 12,500 SQ FT heated Warehouse space.
CAP Rate - 7 percent
Value Add: Additional 12,500 square feet of conditioned warehouse space with a lay-down yard is also available for lease, providing the opportunity for even more revenue. Potential total NOI Projections = $155,250
Close proximity to CSX Carolina Connector
Lease Terms:
* Base Rent = $4,687.50 monthly/$56,250 annual
* NNN $1 prorated = $1,041.66 monthly / $12,500 annual
* 2 - 10 YR Term
* 3% Annual Escalations
* Electrical service: at the main distribution panel (MDP) is rated at 800 amps, three-phase, four-wire, 120/208 volts, alternating current feeding circuit breaker panels.
COECO Office Systems, Inc currently occupies the majority of the space within the building, allowing for additional income to be added in the remaining 12,500 SQ FT heated Warehouse space.
CAP Rate - 7 percent
Value Add: Additional 12,500 square feet of conditioned warehouse space with a lay-down yard is also available for lease, providing the opportunity for even more revenue. Potential total NOI Projections = $155,250
Close proximity to CSX Carolina Connector
Lease Terms:
* Base Rent = $4,687.50 monthly/$56,250 annual
* NNN $1 prorated = $1,041.66 monthly / $12,500 annual
* 2 - 10 YR Term
* 3% Annual Escalations
* Electrical service: at the main distribution panel (MDP) is rated at 800 amps, three-phase, four-wire, 120/208 volts, alternating current feeding circuit breaker panels.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Concrete
- Exterior Type: Metal
- Floors: 1.0
- Legal Description: 1305 801 85A 1 10, 3 45 Ac, Oakdale
- MLSID: 10010368
- Roof Type: Unknown
MAP & DIRECTIONS
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