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    2105 Roosevelt Blvd Monroe, NC 28110-2712
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    Property profile & analytics

    2105 Roosevelt Blvd Monroe, NC 28110-2712


    • Auto shops
    • 1,140 SF
    • 0.37 lot acres
    Off-Market
    Last Sale Jan 23, 2025
    $1,350,000
    Property ID
    US53-1087645
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,365,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Jiffy Lube / Auto Repair Shop

    Property Details for 2105 Roosevelt Blvd

    Year built
    1990
    Lot size
    0.37 lot acres
    Property size
    1,140 SF
    Zone code
    GB MONROE
    Property type
    Auto shops
    APN
    09-264-003C
    APU
    09264003C

    Description

    This exceptional investment opportunity presents a fee-simple owned, 1,140 square foot Jiffy Lube, a subsidiary of Shell Oil Company (S&P A+ rating), located at 2105 W Roosevelt Blvd, Monroe, NC 28110. The property boasts a strong credit tenant with a 20-year absolute NNN lease, eliminating landlord responsibilities. The asking price is $1,562,203, representing a price per square foot of $1,370 and a 6.40% cap rate. The property generates a substantial net operating income (NOI) of $99,981 annually, with 100% occupancy. Built in 1990, this single-story building sits on a highly visible outparcel of the Monroe Crossing Center, a prominent shopping center anchored by national retailers including Chick-fil-A, Best Buy, Belk, and Planet Fitness. The location benefits from exceptional traffic counts, estimated at approximately 158,000 vehicles per day, and enjoys close proximity to numerous other national and regional restaurants and retailers, including Walmart, Lowe's, Chipotle, Taco Bell, and Advance Auto Parts. This prime location ensures consistent high traffic and visibility, making it an ideal investment for long-term growth and passive income. The property is situated in Union County, North Carolina.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,455,000
      ML approach
      $1,295,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.5568
    Latitude
    35.0043
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,061
    $494,100
    $61,700
    $555,800
    -
    $494,100
    $61,700
    $555,800
    More about this property
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