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    1302 Roosevelt Blvd Monroe, NC 28110

    Sponsored
    For Lease
    Contact for pricing

    Prime QSR space with drive-thru. Sublease available.

    Lot size:
    3,176 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail sublease opportunity presents a 3,176 square foot building situated on a 0.78-acre lot in Union County. Ideally located on West Roosevelt Boulevard at a signalized intersection, this property boasts high visibility and excellent accessibility for customers. The space is a second-generation quick-service restaurant (QSR) featuring a drive-thru, a significant advantage for this type of business. The sublease term extends through December 31st, 2033, with options available for extension, providing long-term stability for the tenant. The property's single-tenant occupancy ensures ease of management and streamlined operations. The substantial lot size offers ample parking and potential for future expansion or outdoor seating. This is a rare opportunity to acquire a well-positioned, established retail space with a proven track record in a high-traffic location. The existing infrastructure and drive-thru capability significantly reduce the upfront investment and time required to establish a thriving business. This property is perfect for a variety of QSR concepts or similar businesses seeking a turnkey solution in a prime commercial location. The strategic location and existing improvements make this an attractive investment for discerning business owners.

    Property Features for 1302 Roosevelt Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,176 SF

    Unit(s) available at that property

    Space
    Size
    3,176 SF

    HighLights

    • 3,176 SF retail building available for sublease.
    • Situated on a 0.78‑acre lot.
    • Former quick‑service restaurant (QSR) with drive‑thru.
    • Sublease term through December 31, 2033, with options.
    • High‑visibility location on Roosevelt Blvd at a signalized intersection in Union County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop 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
    -80.5425723
    Latitude
    34.9957433

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    FAQs

    What type of property is this?
    Retail property - Prime QSR space with drive-thru. Sublease available.
    Where is this retail property located?
    The property is located at 1302 Roosevelt Blvd Monroe, NC.
    What are key features of this property?
    This property features: 3,176 SF retail building available for sublease.; Situated on a 0.78-acre lot.; Former quick-service restaurant (QSR) with drive-thru.
    Request Owner's contact information
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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
    1302 Roosevelt Blvd Monroe, NC 28110
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