Property profile

0 Martin Luther King Jr Blvd & Weddington Rd Monroe, NC 28110

OFF-MARKET
Lifestyle centers
99,000 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents five vacant suites totaling 99,000 square feet within a new shopping center anchored by a Food Lion grocery store in Monroe, North Carolina. Located at the intersection of N Martin Luther King Jr Blvd and Weddington Rd, this property benefits from a prime location within a rapidly growing residential area. The site is situated along the key retail corridor connecting Wesley Chapel and Monroe, ensuring high visibility and convenient access for customers. The lot size ranges from 0.76 to 1.97 acres, offering ample space for development and expansion. The property's multiple suite configuration provides flexibility for a variety of retail tenants, from smaller boutiques to larger format stores. This is an ideal investment for businesses seeking to capitalize on the burgeoning residential growth and strong retail demand in this thriving North Carolina community. The property is classified as a shopping center with a multiple tenancy structure, situated in Union County and conveniently located at zip code 28110. The property's size and location make it a highly attractive proposition for businesses seeking a prominent presence in a dynamic market. This is a rare opportunity to secure a significant retail footprint in a rapidly developing area. The available space presents a blank canvas for businesses to establish themselves in a high-traffic location with excellent visibility.

Property profile

Verified
Property type Lifestyle centers
Total area 99,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Martin Luther King Jr Blvd & Weddington Rd Monroe, NC 28110
Monroe metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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