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.