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1266 N Wesleyan Blvd 11,100 SF Retail Building Rocky Mount, NC 27804 $1,200,000 ($108.11/SF)
Investment Highlights
- Highly sought after value-add & redevelopment opportunity in the Rocky Mount area
- Great visibility & access from N Wesleyan Blvd | 17,000 VPD
- Located inside of dense retail corridor | 3.7M SF within a 1-mile radius
- Cummins $580M expansion underway | Estimated to be completed in 2027 | Adding jobs & rooftop spending to the trade area
- Outparcel to an 82K SF grocery anchored shopping center
- Outstanding parking | 175 spaces | Supports restaurant, medical, retail, or QSR conversion
Executive Summary
Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Former K&W Cafeteria in Rocky Mount, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,100 SF
Building Class
C
Year Built
1990
Price
$1,200,000
Price Per SF
$108.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.64 AC
Zoning
Commercial
Parking
175 Spaces (15.77 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3851-18-41-5990 | Improvements Assessment | $1,399,000 |
| Land Assessment | $432,500 | Total Assessment | $1,831,500 |
Property Taxes
Parcel Number
3851-18-41-5990
Land Assessment
$432,500
Improvements Assessment
$1,399,000
Total Assessment
$1,831,500
Contacts
-
Carl Brendes -
Ransome Foose -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
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