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300 N Hayne St 9,828 SF 77% Leased Office Building Monroe, NC 28112 $1,800,000 ($183.15/SF) 6.69% Cap Rate



Investment Highlights
- Aggressively growing population: 5% annual growth (up 15.7% since 2020)
- Abundant parking via public lots and street parking
- Monroe has a thriving social district in a tight-knit community of passionate business owners
- Direct access to US Highway 74 and the Monroe Bypass
- One of the most recognizable and well-known buildings in Union County, just by saying "The Sunflower Building in Downtown Monroe"
- Thousands of homes are going to be built in Union County in the next 5 -10 years
Executive Summary
ALSO OPEN TO LEASE
300 N Hayne Street is a mixed-use property in the heart of downtown Monroe, North Carolina. The building recently gained regional recognition with the addition of a now well-known sunflower mural painted by Girls Who Paint, making it one of the most recognizable and photographed buildings in Union County while preserving its legacy as a former bank within the historic district.
Approximately 10,000 square feet of commercial space across four units in Monroe’s downtown core (just outside the historic designation — so it is NOT on the Historic Registry)
Roughly 7,721 square feet currently occupied by two tenants
Former bank building with strong architectural presence, prominent street frontage, and landmark visibility
Monroe is the county seat of Union County, which has a population exceeding 240,000 residents and is among the fastest-growing counties in North Carolina
Monroe’s population exceeds 35,000 residents and continues to grow due to Charlotte metropolitan expansion
Union County median household income approaches $100,000, providing strong regional purchasing power and support for professional and service-based tenants
Five-mile trade area population exceeds 45,000 residents with continued projected growth
Walkable downtown location near courthouse, government offices, local businesses, and civic anchors
Well-suited for investors seeking stabilized income with value-add upside, or owner-occupiers looking to offset occupancy costs through rental income from additional units
For more information, call Jessica Perry with Walt Perry Realty at 704-507-8128.
300 N Hayne Street is a mixed-use property in the heart of downtown Monroe, North Carolina. The building recently gained regional recognition with the addition of a now well-known sunflower mural painted by Girls Who Paint, making it one of the most recognizable and photographed buildings in Union County while preserving its legacy as a former bank within the historic district.
Approximately 10,000 square feet of commercial space across four units in Monroe’s downtown core (just outside the historic designation — so it is NOT on the Historic Registry)
Roughly 7,721 square feet currently occupied by two tenants
Former bank building with strong architectural presence, prominent street frontage, and landmark visibility
Monroe is the county seat of Union County, which has a population exceeding 240,000 residents and is among the fastest-growing counties in North Carolina
Monroe’s population exceeds 35,000 residents and continues to grow due to Charlotte metropolitan expansion
Union County median household income approaches $100,000, providing strong regional purchasing power and support for professional and service-based tenants
Five-mile trade area population exceeds 45,000 residents with continued projected growth
Walkable downtown location near courthouse, government offices, local businesses, and civic anchors
Well-suited for investors seeking stabilized income with value-add upside, or owner-occupiers looking to offset occupancy costs through rental income from additional units
For more information, call Jessica Perry with Walt Perry Realty at 704-507-8128.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
9,828 SF
Building Class
C
Year Built
1977
Price
$1,800,000
Price Per SF
$183.15
Cap Rate
6.69%
NOI
$120,420
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,828 SF
Building FAR
0.87
Lot Size
0.26 AC
Zoning
MG-DX - Mixed Use
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 103 | 1,092 SF | Office/Retail | - | Now |
| 1st Fl-Ste 105 | 1,160 SF | Office/Retail | - | Now |
1st Fl-Ste 103
| Size |
| 1,092 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 105
| Size |
| 1,160 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| - |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 103
| Size | 1,092 SF |
| Space Use | Office/Retail |
| Build-Out | - |
| Available | Now |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 105
| Size | 1,160 SF |
| Space Use | Office/Retail |
| Build-Out | - |
| Available | Now |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 09-232-029 | Total Assessment | $999,400 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
09-232-029
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$999,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
300 N Hayne St
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