1107 Reynolds St | Monroe, NC 28112
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- LoopNet Team
1107 Reynolds St
Monroe, NC 28112
CornerStone ENT · Office Property For Sale
Investment Highlights
- CornerStone ENT has shown consistent annual growth in revenue and profitability, resulting in a 2023 rent coverage ratio of 10.25x
- The facility is strategically located .3 miles from the Atrium Health Union regional hospital, and conveniently accessible via U.S. Routes 74 and 601.
- CornerStone is a dominant ENT practice in the Charlotte MSA and leverages 3 strategic locations to maintain and grow market share.
- The practice is home to 8 total providers, including 3 physicians, 2 mid-levels, and 3 audiologists, ensuring continuity to weather physician successi
- CornerStone recently joined SENTA Partners, enhancing the practice’s market-leading positionand strengthening the Tenant’s creditworthiness.
- The property benefits from a fresh 10-year NNN lease, demonstrating the strategic nature of the asset and SENTA’s long-term commitment
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
5,462 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,462 SF
Building FAR
0.13
Lot Size
0.95 AC
Zoning
OT MONROE
Parking
38 Spaces (6.96 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 09-197-025-E | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,009,600 |
Property Taxes
Parcel Number
09-197-025-E
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,009,600
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