9700 Monroe Rd Charlotte, NC 28270-1449
This +/- 2,594 square foot former bank building in Mecklenburg County is available for lease or sale. Located on Monroe Road, this single-tenant property boasts exceptional visibility and high traffic counts exceeding 30,579 vehicles per day (VPD). Its strategic location offers close proximity to major retailers such as Walmart, Harris Teeter, and Food Lion, ensuring significant foot traffic and consumer accessibility. The building's history demonstrates consistent year-over-year growth in bank deposits over the past five years, indicating a strong and stable market presence. This translates to a reliable investment opportunity with high potential for return. The property's traditional office layout is adaptable to a variety of uses, making it an attractive option for businesses seeking a well-established location with proven success. The high household income in the surrounding area further strengthens the property's appeal and potential for sustained profitability. This is an exceptional opportunity to acquire a well-positioned commercial property in a thriving retail corridor. Serious inquiries are encouraged to explore this promising investment or lease opportunity. The property is classified as Retail and Office, with a Traditional Office subtype.
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Sardis Village Shopping Center & Mall
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Hector De Cespedes Ml Bank Loan Service
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
I-1 · Charlotte, NCCharlotte. Always verify with local authorities before improvements.
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.