Monroe Center Retail
For Sale
Contact for pricing
1620 E Roosevelt Blvd, Monroe, NC 28112
45,080 SF retail property on 7.36 acres.
Property Size45,080 SF
Lot Size7.36 Acres
Price / SF$110.91
Days on Market185
Property Features for 1620 E Roosevelt Blvd
General Information
Standard status
Active
Size
45,080 SF
Lot size
7.36 Acres
Property subtype
Retail
Zoning
MD-MX
Building Details
Year Built
1994
Listing Agency:
Berkeley Capital Advisors Charlotte
Listed By:
Devon Dykstra · License #BK3589853
Source:
Crexi
Added: Feb 17
Changed: Aug 8
Last Checked: Aug 8 at 6:42AM
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 Berkeley Capital Advisors Charlotte
Investment Insights
Based on property information with market context.
Monroe Center is a 45,080 square foot retail property situated on 7.36 acres along East Roosevelt Boulevard, a commercial corridor in Monroe. The property is fully occupied and anchored by Southern States, with other tenants also present. Southern States occupies 95% of the gross leasable area. The property is located just off US Highway 74, near Charlotte, and benefits from its position along Andrew Jackson Highway, which transitions to East Independence Boulevard, connecting Monroe to Uptown Charlotte within a 35-minute drive. The location provides connectivity to downtown Monroe and visibility, presenting an investment opportunity for those looking to capitalize on the Charlotte Metropolitan Statistical Area market. The property experiences high traffic exposure with 26,000 vehicles per day on Andrew Jackson Highway and 38,500 vehicles per day on East Independence Boulevard.
Key Highlights
- 100% Occupied Retail Property Anchored by Southern States
- High Visibility and Strong Traffic Exposure** on E. Roosevelt Boulevard
- Southern States Comprises 95% of GLA, a necessity‑oriented tenant
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
66k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 30%
Shops & Services 27%
Beauty & Spa 3%
Food Lion Grocery Store
Groceries
25,662 visits/mo
0.4 miles
Jack in the Box
Dining
16,199 visits/mo
0.2 miles
Family Dollar
Shops & Services
7,678 visits/mo
0.3 miles
Bank of America
Shops & Services
5,704 visits/mo
0.4 miles
Truist
Shops & Services
4,702 visits/mo
0.4 miles
Demographics for 28112, NC
27,126
Population
11,021
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
85%
High-School Grad
132.1 sq mi
ZIP Area
205
Density / Sq Mi
$74,853
Median Household Income
$42,046
Median Earnings
$1,124
Median Rent
$272,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Hilltop Plaza — 801 E Roosevelt Blvd, Monroe, NC 28112
Frequently Asked Questions
What type of property is this?
Shopping center - 45,080 SF retail property on 7.36 acres.
Where is this shopping center located?
The property is located at 1620 E Roosevelt Blvd Monroe, NC.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 100% Occupied Retail Property **Anchored by Southern States**; High Visibility and Strong Traffic Exposure** on E. Roosevelt Boulevard; Southern States Comprises 95% of GLA, a necessity‑oriented tenant
