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The Park @ Monroe 2900 Hwy 74 1,140 - 4,780 SF of Office/Retail Space Available in Monroe, NC 28110
HIGHLIGHTS
- Located in Union County - Fastest population growth in North Carolina, top 10 county growth in US.
- Located on Wellness Blvd with 35,000 VPD exposure
- Flexible retail and medical layouts with warm shell delivery
- Shares signalized intersection with Poplin Place shopping center featuring Target, Best Buy and other large national tenants.
- Anchored by Novant Health and across from Target
- Surrounded by over 1,100 businesses within 3 miles
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,160 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 1,240 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 1,140-2,380 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1900 Wellness Blvd - 1st Floor
240,000 SF specialty development located at stoplight on Highway 74 and Windemere Drive in Monroe, NC. The Park @ Monroe will be one of Monroe's largest retail and office developments to include 140,000 SF of retail and 100,000 SF of office space. The Phased Development will be anchored by numerous retailers such as financial institutions, a grocery store, healthcare offices, soft goods and food services.
- Private Restrooms
- Located in-line with other retail
- specialty development
- one of Monroe's largest retail/office developments
1901 Wellness Blvd - 1st Floor
Positioned along Winston Avenue with direct access to Wellness Boulevard, this space offers flexible demising options ideal for medical or retail users. The proposed layout includes three private offices and two restrooms, with infrastructure ready for warm shell delivery. Located near Novant Health and across from Target, the space benefits from strong co-tenancy and high visibility along a corridor with 35,000 vehicles per day.
- Private Restrooms
- high visibility
- three private offices and two restrooms
1901 Wellness Blvd - 1st Floor
This efficient layout is well-suited for boutique wellness, retail, or professional services. The space features a clean open floor plan with one restroom and is ready for customization. Its location within the Monroe medical corridor ensures strong daytime traffic and proximity to major anchors, making it a compelling option for tenants seeking convenience and exposure.
- Located in-line with other retail
- Open-Plan
- one of Monroe's largest retail/office developments
- strong daytime traffic
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,780 SF | Center Properties | 10 |
| Min. Divisible | 1,140 SF | Gross Leasable Area | 76,967 SF |
| Center Type | Neighborhood Center | Total Land Area | 34.79 AC |
| Parking | 772 Spaces | Year Built | 2009 |
| Total Space Available | 4,780 SF |
| Min. Divisible | 1,140 SF |
| Center Type | Neighborhood Center |
| Parking | 772 Spaces |
| Center Properties | 10 |
| Gross Leasable Area | 76,967 SF |
| Total Land Area | 34.79 AC |
| Year Built | 2009 |
ABOUT THE PROPERTY
The Park at Monroe offers a prime opportunity for retail and medical tenants in one of Monroe’s most active commercial corridors. Strategically positioned along Wellness Boulevard and W Hwy 74, which sees over 35,000 vehicles per day, this center benefits from high visibility and strong traffic counts. Anchored by Novant Health and directly across from a Target-anchored power center, the property is surrounded by national retailers and essential services, making it an ideal location for businesses seeking synergy and convenience. The center features newly constructed multi-tenant buildings with flexible configurations and warm shell delivery. Each space is designed to accommodate a range of uses, including medical, wellness, and retail. The surrounding area is experiencing steady population growth, with over 71,000 residents within a 5-mile radius and an average household income exceeding $105,000. The site is also supported by a robust daytime population and over 2,700 businesses within the same radius, offering a strong customer base for tenants.
NEARBY MAJOR RETAILERS
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The Park @ Monroe | 2900 Hwy 74
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