Property summary
This exceptional investment opportunity presents a 2,700-square-foot Habit Burger Grill situated on a 0.54-acre lot in Monroe, North Carolina. Built in 2022, this property boasts a prime location as an outparcel to the 395,000-square-foot Monroe Crossing Mall, a thriving retail center with national tenants like Belk, Best Buy, and others. The Habit Burger Grill benefits from excellent visibility and accessibility along West Roosevelt Boulevard, a major thoroughfare with high daily traffic… volume. The property includes 29 parking spaces and a drive-thru, aligning with Habit Burger's latest prototype design. The absolute NNN lease features a 15-year term commencing March 1, 2023, with a remaining term of approximately 13.3 years. The lease includes three 5-year renewal options, each with a 10% rent increase, providing significant long-term value. The current annual net operating income (NOI) is $132,300, representing a 5.85% cap rate on the asking price of $2,261,540 ($837.61 per square foot). This location is one of only six Habit Burger Grills in North Carolina, serving a large market area with limited competition. The property's strong tenant, favorable lease terms, and strategic location make it an attractive investment opportunity with substantial growth potential. The Monroe Crossing Mall, to which this property is an outparcel, has seen over 335,000 visitors and 2.4 million visits in the past year.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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