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2570 W Roosevelt Blvd
Monroe, NC 28110
Dunkin' Donuts · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,440 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.96 AC
Zoning
B-3 - Neighborhood Business
Parking
22 Spaces (9.02 Spaces per 1,000 SF Leased)
Frontage
36’ on Roosevelt Blvd

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

About 2570 W ROOSEVELT BLVD , MONROE, NC 28110

Marcus & Millichap is pleased to offer, to qualified investors, the opportunity to acquire 2570 West Roosevelt Boulevard, a Dunkin' Donuts restaurant in Monroe, North Carolina. The property features an absolute net lease of over ten years to commence at the close of escrow. Well located within the Charlotte MSA, North Carolina' s largest market, the subject property is located in the heart of the city of Monroe' s main commercial corridor. This 2,440 square foot freestanding building with drive-through boasts prominent signage and strong accessibility on U.S. Route 74. Big-box retailers such as Target and Wal-Mart Supercenter, as well as restaurants such as Chick-fil-A, Jimmy John' s, and Bojangles among many others, surround the subject property. Directly north of the subject property is Rolling Hills Country Club, a private golf club surrounded by affluent neighborhoods. Dunkin' Donuts, considered the largest baked goods and coffee chain in the world, has over 11,500 locations in the United States and throughout the world. Growing at a quick rate, the company has recently announced expansion plans in the southwestern United States with over 100 new stores in Louisiana and Texas. 2570 W. Roosevelt Blvd, LLC, the tenant, is affiliated wth Coastal Management, LLC, one of the largest and best performing Dunkin' Brands operators in the entire southeast region with over ten years of experience. 2570 West Roosevelt Boulevard represents an exclusive opportunity to acquire an absolute net leased asset with 10+ years remaining and growing store sales. We are pleased to present the property at a price of $1,200,000, a 6.00% cap rate.

Property Taxes

Property Taxes

Parcel Number
09-259-116
Land Assessment
$728,500
Improvements Assessment
$554,600
Total Assessment
$1,283,100
  • Listing ID: 6378928

  • Date on Market: 3/21/2017

  • Last Updated:

  • Address: 2570 W Roosevelt Blvd, Monroe, NC 28110

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