1302 West Roosevelt Blvd, Monroe, NC 28110
For Lease
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.