Located less than an hour’s drive from Raleigh and the greater Triangle region, Rocky Mount is the gateway to eastern North Carolina. Belmont Village is located adjacent to NC Wesleyan College (enrollment of 2,092 students) and Belmont Lake Preserve, a 1,400 acre master-planned, gated golf course community. Belmont Village offers convenience and accessibility to numerous family and student households, and is within close proximity to the Rocky Mount Mills mixed-use redevelopment project and the proposed CSX facility. Real Estate Associates is pleased to offer for sale Belmont Village Shopping Center, a 52,200 sq. ft. Food Lion anchored retail center built in 2001 and currently 97% leased. The center is conveniently situated in Rocky Mount along North Wesleyan Boulevard (US-301) with close proximity to I-95 and US-64. McDonald’s is located on an existing outparcel in front of the center, but is not included in the sale. The site sits across from a new Sheetz convenience store facility, built in 2010. The sales price equates to a +/- 11% cap rate.
