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    2800 Roosevelt Blvd Monroe, NC 28110

    Sponsored
    For Lease
    Contact for pricing

    1,500 SF Retail, Multiple Units Available

    Lot size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 2800 West Roosevelt Boulevard in Monroe, North Carolina, presents a fantastic opportunity for businesses seeking high-visibility space. The property boasts a total of 1,500 square feet of commercial space, currently entirely vacant and ready for immediate occupancy. This allows for complete customization to suit a variety of retail concepts. The flexible layout is ideal for multiple tenants or a single large-scale operation. Situated in Union County, the property benefits from excellent street visibility and high traffic counts along West Roosevelt Boulevard. The lot size ranges from 0.95 to 2.12 acres, providing ample space for parking and potential future expansion. The property is classified as Street Retail within the Commercial sector, ensuring strong foot traffic and convenient access for customers. The address is 2800 W Roosevelt Blvd, Monroe, NC 28110. This is a rare opportunity to establish a presence in a thriving retail corridor. The property's size and location make it an attractive investment for both established businesses and new ventures. The entire 1,500 square feet is available, offering a blank canvas for your business vision. Don't miss this chance to secure a prime retail location in a growing market.

    Property Features for 2800 Roosevelt Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,500 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,500 SF
    Space
    Available Space
    Size
    0 SF

    HighLights

    • High‑traffic location with approximately 37,000 vehicles per day (VPD) on W. Roosevelt Blvd.
    • Excellent visibility and access via a fully signalized intersection.
    • Prime retail location on Monroe's main commercial thoroughfare.
    • Strong co‑tenancy with national retailers including Target, T.J. Maxx, Ross, Five Guys, and Chick‑fil‑A.
    • Planned NCDOT road improvements, right‑of‑way acquisition starting FY2025, completion FY2028.
    Property Profile Location Intelligence

    Current Use by Public Records

    Exxon Gas Station Rollinghill Express Convenience Store ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.5766748
    Latitude
    35.0202481

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    FAQs

    What type of property is this?
    Individual retail property - 1,500 SF Retail, Multiple Units Available
    Where is this individual retail property located?
    The property is located at 2800 Roosevelt Blvd Monroe, NC.
    What are key features of this property?
    This property features: High-traffic location with approximately 37,000 vehicles per day (VPD) on W. Roosevelt Blvd.; Excellent visibility and access via a fully signalized intersection.; Prime retail location on Monroe's main commercial thoroughfare.
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    Monroe, NC 28110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2800 Roosevelt Blvd Monroe, NC 28110
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