2101 West Roosevelt Boulevard

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2101 West Roosevelt Boulevard

Monroe, NC 28110
Asking Price
$3.02M
Asset Type
Retail
Class
Class B

What's Special

2101 West Roosevelt Boulevard is situated along Highway 74, a primary commercial artery in Monroe, North Carolina. The property is positioned within a high-traffic retail corridor characterized by a mix of regional shopping centers and national retailers. Nearby amenities include the Monroe Crossing Mall and various dining and service establishments. The location offers direct access to major regional thoroughfares, providing connectivity to the greater Charlotte metropolitan area and surrounding Union County residential hubs. The site is suited for retail or service-oriented businesses seeking high visibility and consistent daily vehicle counts. Ideal use cases include flagship retail stores, quick-service restaurants, or specialized showrooms that benefit from roadside frontage. Potential tenants typically include national franchises, automotive services, or regional retail chains looking to capture the established consumer base within the Monroe trade area.

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NOI
$80,000
Cap Rate
2.65%
DSCR
0.45
Underwater
Cash-on-Cash
-10.96%
Monthly Payment
$14,946.26
Annual Cash Flow
$-99,355.116

Location & Travel Times