Office/Flex Building For Sale

For Sale

1617 Roosevelt Blvd, Monroe, NC 28110

This Monroe property for sale is located at 1617 Roosevelt Blvd. The general use of Office/Flex Building For Sale is office and it incorporates 10,209 square feet of class C office space. The current listed sale price for Office/Flex Building For Sale is $1,300,000. Office/Flex Building For Sale is situated on a lot that is 0.99 acre in size.

Contacts

One Alliance Companies

Tom Mueller

Property Details

Property Type Office
Property Size 10,209 SF
Lot Size 0.99 Acre
Zoning CAO-C
# of Floors 1
Property Tenancy Multi-Tenant
Building Class C
Year Built 1970
Date Updated Feb 17, 2026

This ±10,000 SF office/flex building presents a compelling investment and value-add opportunity in a high-visibility location along W. Roosevelt Blvd. The property benefits from excellent signage exposure and strong traffic counts of approximately 54,000 vehicles per day along Highway 74, providing consistent visibility for tenants and businesses.

The building is currently 94% leased, with 10 of 11 suites occupied, offering immediate in-place cash flow and upside through lease-up of the remaining suite. A new roof installed in 2021 adds long-term durability and reduces near-term capital expenses.

The asset delivers a current NOI of $87,780, with a pro forma NOI of $101,700, making it an attractive opportunity for investors seeking stable income with additional upside potential.

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