2900 Stitt St, Monroe, NC
60,000 SF warehouse with easy highway access in Monroe, NC.
- Added:
- Feb 17, 2025
- Days on Market:
- 491
- Last Refresh:
- May 20 at 8:06 pm
Property Features for 2900 Stitt St
General Information
- Standard status
- Active
- Size
- 60,000 SF
- Lot size
- 5.06 Acres
- Property subtype
- INDUSTRIAL
Listing agent Christa Tyson (704) 361-3650
Listing office Ty-Par Realty (704) 361-3650
Listing date Feb 17, 2025
Source Moodyscre
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 Ty-Par Realty
HighLights
- Proposed 60,000 SF building.
- Easy access to Hwy 74.
- Features 6 dock high doors.
- 1 grade level drive in door.
- Negotiable lease term.
- Tenant upfit allowance may be included.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $540.0k | $9.00 |
| − Vacancy | −$27.0k | −$0.45 |
| EGI | $513.0k | $8.55 |
| − OpEx | −$77.0k | −$1.28 |
| NOI | $436.1k | $7.27 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Adm — 9000 Stitt St, Monroe, NC 28110
- Camp Sutton RV and Boat Storage — 2501 Simpson St SY, Monroe, NC 28112
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Union
- State
- North Carolina
- Longitude
- -80.4967
- Latitude
- 34.9854
