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Eye Care Center 106 Long Cir 4,125 SF Office Building Roanoke Rapids, NC 27870 $1,065,000 ($258.18/SF) 7.45% Cap Rate
INVESTMENT HIGHLIGHTS
- Building leased to Eye Care Center through 8/13/2032, with one 5-year renewal option remaining.
- Two adjacent land parcels; 0.69 acres; Zoned B-3; to be sold as package; cannot be sold individually.
EXECUTIVE SUMMARY
Maverick Partners is pleased to present an exceptional investment opportunity at this prime retail location in Roanoke Rapids, NC. The property offers a 4,125 SF free-standing building with 100% occupancy, ideal for a retail investor seeking a high-traffic location. Built in 2001 and zoned B-3, this well-maintained property presents a single retail unit, providing a seamless investment opportunity with an established tenant. With its strategic location in the bustling Roanoke Rapids area, investors can capitalize on the area's growth potential and the property's stable rental income.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,125 SF
Building Class
C
Year Built
2001
Price
$1,065,000
Price Per SF
$258.18
Cap Rate
7.45%
NOI
$79,325
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,125 SF
Building FAR
0.22
Lot Size
0.43 AC
Zoning
B-3 - Commercial
Parking
23 Spaces (5.57 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $372,700 | |
| Land Assessment | $191,800 | Total Assessment | $564,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$191,800
Improvements Assessment
$372,700
Total Assessment
$564,500
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Eye Care Center | 106 Long Cir
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