6400 Rogers Rd • Rolesville, NC 27571
Year Purchased: 2021
Purchase Amount: $3,100,000.00
Equity: $1,383,000.00
Rolesville Town Center was purchased in September 2021 and is a 19,500 square foot multi- tenant neighborhood shopping center in fast-growing Rolesville, NC. All units have garage/flex space which is in high demand. The property was constructed in 2007 with a brick exterior and high-quality interior finishes. The center has a proven operating history with most of the property occupied by the same tenants for more than 10-years. The center was 95% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.