National Tenants | Monarch & Eye Care | $194K NOI | 7.0% Cap

Investment Overview

Located in the economic core of Rocky Mount, this stabilized, high-performing retail asset is backed by national-credit tenants Monarch and Eye Care, both secured with fresh 5-year lease renewals. Offered at a compelling 7.0% cap rate with an NOI of $194,012, this $2.75M investment delivers immediate, reliable cash flow and strong in-place performance from day one. The upside is undeniable, featuring a 900 SF cold dark shell positioned for value-add and income expansion. Opportunities combining stability, yield, and built-in growth are increasingly scarce, this is a decisive acquisition for investors seeking both security and aggressive return potential in a proven market.

Investment Highlights

• Immediate Cash Flow: Stabilized asset delivering a strong 7.0% cap rate with $194,012 NOI in place
• National-Credit Tenancy: Anchored by Monarch and Eye Care, both secured with fresh 5-year lease renewals
• Prime Core Location: Positioned in the economic heart of Rocky Mount, ensuring long-term tenant demand
• Built-In Upside: 900 SF cold dark shell offers clear path for value-add and income growth
• Defensive Investment: Essential-service tenants provide durability through market cycles