791 E Roosevelt Blvd Monroe, NC 28112

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 12 Updated: Jul 20 at 5:50PM Checked: Jul 21 at 8:03AM

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Investment Insights

Based on property information with market context.

This triple-net bank property was constructed in 1993 and includes approximately 2,941 rentable square feet of building space on an estimated 0.91-acre parcel. Truist Bank occupies the site under an absolute triple-net (NNN) lease.

The current annual rent is $78,153, with annual increases of 1.50%. In 2016, Truist Bank executed renewal options early, extending the lease term by 12 years. There are six (6) remaining tenant renewal options, each with a five (5)-year term.

The offering is structured as an absolute NNN investment with ongoing tenant responsibility under the lease terms.

Key Highlights

• Truist Bank property at 791 E Roosevelt Blvd in Monroe, North Carolina
• Built in 1993 with 2,941 rentable SF on an estimated 0.91‑acre site
• Absolute triple‑net (NNN) lease with annual rent of $78,153

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FAQs

What type of property is this?

Bank - Built in 1993, this NNN bank property features 2,941 rentable square feet on an estimated 0.91-acre site.

Where is this bank located?

The property is located at 791 E Roosevelt Blvd Monroe, NC.

What are key features of this property?

This property features: Truist Bank property at 791 E Roosevelt Blvd in Monroe, North Carolina; Built in 1993 with 2,941 rentable SF on an estimated 0.91‑acre site; Absolute triple‑net (NNN) lease with annual rent of $78,153