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Jiffy Lube 2105 W Roosevelt Blvd

1,140 SF Retail Building Monroe, NC 28110 $1,562,203 ($1,370/SF) 6.40% Cap Rate

Retail Space North Carolina Monroe 2105 W Roosevelt Blvd, Monroe, NC 28110

Investment Highlights

  • Strong Credit Tenant l Jiffy Lube l Subsidiary of Shell Oil Company (S&P A+ Rating)
  • 20 Year Sale-Leaseback commencing at COE
  • Strategically located across from a Shopping Center (Monroe Shopping Center) with outparcel tenants including Taco Bell, Advance Auto Parts, and Burge
  • NNN l Fee Simple Ownership l No Landlord Responsibilities
  • Location neighbors Buffalo Wild Wings, Pizza Hut, LongHorn Steakhouse, and Arby’s and is slightly down the road from strong national tenants including
  • Experiences an outstanding ±58,000 VPD passing by the site

Executive Summary

Broker of Record
Kyle Matthews
License No. 288917 (NC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,140 SF
Building Class
C
Year Built
1979
Price
$1,562,203
Price Per SF
$1,370
Cap Rate
6.40%
NOI
$99,981
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.37 AC
Zoning
B3
Parking
10 Spaces (8.77 Spaces per 1,000 SF Leased)
Frontage
83 FT on Roosevelt Blvd

Amenities

  • Pylon Sign
  • Drive Thru

Links

1 of 1

Nearby Major Retailers

Planet Fitness
Buffalo Wild Wings
PNC Bank
Longhorn Steakhouse
Truist
Food Lion
Coco's Bakery
Rent-A-Center
Logan's Roadhouse
Bank of America

PROPERTY TAXES

Parcel Number 09-264-003-C Improvements Assessment $61,700
Land Assessment $494,100 Total Assessment $555,800

PROPERTY TAXES

Parcel Number
09-264-003-C
Land Assessment
$494,100
Improvements Assessment
$61,700
Total Assessment
$555,800
(866) 889-0550

Contacts

  • Listing ID: 33276478

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 2105 W Roosevelt Blvd, Monroe, NC 28110

More public record information on 2105 W Roosevelt Blvd, Monroe, NC 28110

The Retail Property at 2105 W Roosevelt Blvd, Monroe, NC 28110 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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Jiffy Lube | 2105 W Roosevelt Blvd
(866) 889-0550 x

Jiffy Lube | 2105 W Roosevelt Blvd

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Vincent Tanzi

(866) 889-0550

(866) 889-0550

Vincent Chapey

(925) 718-7525

(925) 718-7525

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