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819 Tiffany 10,738 SF 100% Leased Office Building Rocky Mount, NC 27804 $2,750,000 ($256.10/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Stabilized asset with national-credit tenants in place
- Strong in-place 7% cap rate with immediate cash flow
- Prime location in Rocky Mount’s established economic core
- Monarch & Eye Care secured on new 5-year lease renewals
- 900 SF cold dark shell offering clear value-add upside
- Offered at $2,750,000 with upside in rent and NOI
EXECUTIVE SUMMARY
Located in the economic core of Rocky Mount, 819 Tiffany Blvd is a stabilized, high-performing asset backed by national-credit tenants Monarch and Eye Care, both secured with fresh 5-year renewals. Offered at a compelling 7% cap, this $2.75M investment delivers immediate, reliable cash flow.
The upside is undeniable: a 900 SF cold dark shell primed for value-add and income growth. Opportunities with built-in stability and expansion potential rarely last, this is one to move on fast.
The upside is undeniable: a 900 SF cold dark shell primed for value-add and income growth. Opportunities with built-in stability and expansion potential rarely last, this is one to move on fast.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
10,738 SF
Building Class
B
Year Built
2001
Price
$2,750,000
Price Per SF
$256.10
Cap Rate
7%
NOI
$192,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,738 SF
Building FAR
0.16
Lot Size
1.58 AC
Zoning
X
Parking
62 Spaces (5.77 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 3851-18-42-1309 | Improvements Assessment | $1,094,760 |
| Land Assessment | $322,500 | Total Assessment | $1,417,260 |
PROPERTY TAXES
Parcel Number
3851-18-42-1309
Land Assessment
$322,500
Improvements Assessment
$1,094,760
Total Assessment
$1,417,260
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819 Tiffany
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