www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26755472
26755502

2129 Lawrence Circle, Rocky Mount, NC 27804 For Sale

RB
NC NC226403
Century 21 Champion Real Estate
Listed by Century 21 Champion Real Estate
$1,400,000
324 days on market
Updated 55 days ago

Shepherds Shoppe

Details
Property Type Mixed Use, Office (+2)
Sub Type Religious/Church, Storefront (+1)
Square Footage 10,200
Net Rentable (SqFt) 10,200
Units 50
Cap Rate 4.85%
NOI $67,845
Occupancy 100%
Tenancy Multi
Lease Type NN
Lease Term 3
Lease Expiration 02/28/2027
Remaining Term 0.6
Rent Bumps Yes
Lease Options SIx Months
Pro-Forma Cap Rate 3.98%
Pro-Forma NOI $55,719
Price per SqFt $137
Year Built 2000
Buildings 1
Stories 1
Acreage 1.234
Zoning Downtown Business
Parking Spaces 50 spaces
Parking per 1,000 SqFt 4.90
Investment Type Owner/User
Tenant Credit No Credit Rating
Lease Commencement 03/01/2024
Ground Lease No
Ceiling Height 10 ft

Mixed Use | 4.85% CAP | 10,200 SqFt

Marketing description

Amazing opportunity for investor or owner/operator. Sale includes both 2127 Lawrence Circle at 2100 square feet and 2129 Lawrence Circle at 8100 square feet. Move your business to this prime location and maintain an investment income at the same time. Once 10,200 sf of retail space is now used as a funeral home and Beauty Salon offering 50 paved parking spaces plus access to gravel parking spaces. The property has seen multiple uses over the years and with 1.26 acres offers room for building expansion. 2129 Lawrence has been occupied as an assembly and features men's and women's restrooms, multiple meeting spaces and storage areas. 2127 Lawrence includes a 14x30 entrance foyer, 44x30 main room, three 10x12 office spaces and a single restroom. Seller will consider financing a portion of the price. Listing agent is related to the seller.

Listing Contacts

RB
NC NC226403
Century 21 Champion Real Estate
Listed by Century 21 Champion Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,845.00
$5,653.75/mo

Valuation Metrics

0
DSCR
4.85%
Cap Rate
4.85%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Royce Bennett
License
NC226403
Brokerage
Century 21 Champion Real Estate
Brokerage Phone
9103899638
Title
Broker Associate
Brokerage Address
2820 Henderson Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591