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1617 W Roosevelt Blvd
Monroe, NC 28110

$1,300,000 USD

Office For Sale  •  10,000 SF

Property Details

  • Property Type Office
  • Total Building Size 10,000 SF
  • Lot Size 0.99 AC
  • Building Class C
  • Year Built 1970
  • Tenancy Multiple
  • Zoning CAO-C
0 Transit Score
61 Walk Score

Highlights

Great investment and value-add opportunity
The property has fantastic signage and visibility on W. Roosevelt Blvd with ±54,000 VPD on HWY 74
The roof was replaced in 2021
The building is currently 94% leased, featuring 11 total suites with 10 leased
The current NOI is $87,780 and the Pro Forma NOI is $101,700

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $101,700 USD (2024)

Amenities

  • Bus Line
  • Day Care
  • Dry Cleaner
  • Signage

Public Transportation

AirportDriveWalkDistance
Charlotte/Douglas International 49 min - 31.6 mi
Concord-Padgett Regional 47 min - 35.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes
Thomas Mueller 704-621-4982 One Alliance Companies
Thomas Mueller 704-621-4982 One Alliance Companies