10540 Monroe

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10540 Monroe

Matthews, NC 28105
Asking Price
$2.14M
Asset Type
Retail
Class
Class B

What's Special

10540 Monroe Road is situated in Matthews, North Carolina, within a well-established commercial corridor southeast of downtown Charlotte. The property is located near the intersection of Monroe Road and Highway 51, providing proximity to major transit routes including Independence Boulevard and I-485. The surrounding neighborhood is characterized by a mix of residential communities and active commercial centers. High-traffic national retailers and local service providers anchored nearby offer a consistent flow of consumers to the immediate area. The property is suited for a variety of retail applications, including hardware sales, specialty boutiques, or showroom-based businesses. Its positioning is ideal for tenants seeking visibility in a submarket with stable demographic profiles and high daily vehicle counts. Typical tenants likely include regional service providers, convenience-oriented retailers, or food and beverage operators looking to capitalize on the established suburban infrastructure and the steady professional population commuting through the Matthews-Charlotte corridor.

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NOI
$80,000
Cap Rate
3.74%
DSCR
0.63
Underwater
Cash-on-Cash
-7.31%
Monthly Payment
$10,573.413
Annual Cash Flow
$-46,880.951

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