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 a high-traffic commercial corridor in Monroe, North Carolina. The property sits within a primary retail hub characterized by a mix of national big-box retailers, service centers, and dining establishments. It offers direct frontage on US Highway 74, a major regional thoroughfare providing significant visibility and daily vehicle counts. The location is supported by proximity to the Monroe Crossing Mall and several established residential neighborhoods, ensuring a steady flow of local and regional traffic. Accessibility is facilitated by multiple ingress and egress points and connections to nearby Highway 601. The asset is suitable for a variety of retail applications, including showroom space, specialty retail, or service-oriented businesses. Its configuration and high-visibility positioning cater to tenants requiring prominent brand exposure and easy customer access. The typical tenant profile includes mid-size regional retailers, franchise operators, or professional service providers seeking to capitalize on the area's established commercial density. The surrounding demographic and commercial environment support businesses that benefit from high synergy with neighboring national brands and consistent commuter volume along the Roosevelt Boulevard corridor.

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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