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Space AvailabilityTotal: 4
Unit NameFloorUnit NoSizeTermLease RateCondition

Highlights

•Accessible from two city streets •Located among both commercial and residential properties •Roof replaced in 2019 •Exterior repainted in 2025 •New shopping center sign installed in early 2021 to highlight all tenants •Features 75 parking spaces •Well-regarded within the community •Units are in excellent condition

Description

Situated in Rocky Mount, this historic shopping center is seeking new tenants. Acquired by the current owner in September 2020, the property has seen improvements including a repaved parking lot and a repaired main sign. Originally built in 1954, the center also received a new roof in 2019 along with updates to several units. The location benefits from a mix of surrounding properties, with residential neighborhoods on one side and commercial establishments on the other. Nearby businesses include national retailers such as Dollar Tree, Hardee’s, and Piggly Wiggly. This is an excellent opportunity to join a redeveloped shopping center that will house more than 10 tenants and is well-positioned amidst both retail and residential communities.

Lease Details

  • Category

    convenience-store

  • Tenancy

    Multiple

  • Space Name

    Walnut Shopping Center

  • Lease Type

    Modified Gross

  • Lease Model

    Direct

  • Lease Rate Type

    Yearly

  • Total Lease Rate

    $12/SF/YR

  • Parking Info

    3.75/1000 Sf

  • Vacant Area

    2,160 SF

  • Lot Size

    1.54 AC

  • Property Class

    C

  • No of Buildings

    1

  • Maximum Contiguous

    1,360 SF

  • Space Location

    601 Walnut St, Rocky Mount, NC 27803, USA

Property Details

  • Total Building Space

    22,910 SF

  • No of Spaces/Suites

    4

  • Minimum Divisible

    800 SF

  • Year Built

    1954

  • Year Renovated

    2019

  • Zoning

    B2

  • APN

    3759-10-27-9405