704-564-6266
908 N Sutherland Ave, Monroe, NC for Sale
Flex - FOR SALE
1/12
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908 N Sutherland Ave
Monroe, NC 28110


HIGHLIGHTS

  • Fully leased to a long-term tenant with NNN structure
  • Below-market rent offers upside potential
  • ±0.45 acres of undeveloped land for expansion
  • Located near Monroe Bypass in a growth corridor
  • GI zoning allows for outside storage and flexible uses
  • Annual rent escalations through 2028

OVERVIEW

908 N Sutherland Ave presents a stabilized industrial investment opportunity in Monroe, NC, with a long-term NNN lease in place through 2028. The property is fully leased to No Limits Dance, a committed tenant providing consistent income with annual escalations. With a net operating income of $45,908.25 and below-market rent, this asset offers both immediate cash flow and upside potential. Situated on 1.22 acres, the site includes approximately 0.45 acres of undeveloped land, allowing for future expansion or additional outdoor storage. The General Industrial (GI) zoning supports a wide range of industrial uses and permits outside storage, enhancing long-term flexibility and value. Built in 2006, the facility features metal construction and HVAC systems from the same year. The property is located in the path of growth, surrounded by new and expanding developments, and benefits from easy access to the Monroe Bypass, a key regional connector. This location positions the asset well for continued appreciation and tenant retention. Ideal for investors seeking a low-maintenance, income-producing industrial property with room to grow, 908 N Sutherland Ave combines stability, scalability, and strategic location.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.22

LAND SF

53,143

ZONING

General Industrial

APN/PARCEL ID

09-185-030

ASK ABOUT THIS PROPERTY

Matt MielkeTower Property GroupMore Info
704-564-6266

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Matt MielkeTower Property GroupMore Info
704-564-6266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.