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Absolute NNN Car Wash
For Sale
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Pending

1307 W Roosevelt Blvd, Monroe, NC 28110

Car wash property subject to a 20-year absolute triple-net lease with four renewal options.

Property Size6,062 SF
Lot Size1.82 Acres
Days on Market143

Property Features for 1307 W Roosevelt Blvd

General Information

Standard status Pending
Size 6,062 SF
Lot size 1.82 Acres
Property subtype Special Purpose
Net Operating Income $238,488

Building Details

Buildings 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Investment Insights

Based on property information with market context.

This car wash property includes approximately 6,062 rentable square feet of building area on an estimated 1.82-acre parcel. The asset is located at 1307 W Roosevelt Blvd in Monroe, North Carolina, providing a dedicated site for its automotive service use.

The property is subject to a 20-year absolute triple-net lease that begins at Close of Escrow. The lease includes four five-year renewal options, with 1.50% annual increases during the initial term and each renewal period.

Key Highlights

  • Approximately 6,062 rentable square feet on an estimated 1.82‑acre parcel
  • 20‑year absolute triple‑net lease commencing at Close of Escrow
  • Four 5‑year renewal options

Property Analytics

Current Use

Take 5 Car ... Car Wash

Suggested Use

Top Pick Locksmith Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Skin Care Clinic Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

715
Businesses Nearby
223k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 15% Home Improvements & Furnishings 13% Groceries 10%
McDonald's Dining
32,802 visits/mo 0.4 miles
Tractor Supply Co. Home Improvements & Furnishings
25,152 visits/mo 0.4 miles
Cook Out Dining
24,997 visits/mo 0.1 miles
Aldi Groceries
22,188 visits/mo 0.1 miles
Wendy's Dining
18,421 visits/mo 0.2 miles

Demographics for 28110, NC

53,316
Population
20,236
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
127.4 sq mi
ZIP Area
418
Density / Sq Mi
$81,221
Median Household Income
$41,425
Median Earnings
$1,313
Median Rent
$302,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Car wash - Car wash property subject to a 20-year absolute triple-net lease with four renewal options.
Where is this car wash located?
The property is located at 1307 W Roosevelt Blvd Monroe, NC.
What are key features of this property?
This property features: Approximately 6,062 rentable square feet on an estimated 1.82‑acre parcel; 20‑year absolute triple‑net lease commencing at Close of Escrow; Four 5‑year renewal options
(332) 345-4222 Call to check price and availability
More about this property
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