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2116 W Roosevelt Blvd 5,450 SF of Retail Space Available in Monroe, NC 28110
Highlights
- 5,450 SF freestanding restaurant building on 0.73-acre lot.
- Located on West Roosevelt Blvd with high visibility and strong traffic counts.
- 120 on-site surface parking spaces accommodate high-traffic uses.
- Current tenant Tavern 74 provides in-place income and renewal option.
- Zoned B-1 SU for Neighborhood Business Special Use, offering future flexibility.
- Single-story building built in 1999 with stable tenancy and long-term investment appeal.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,450 SF | 3-5 Years | $24.49 CAD/SF/YR $2.04 CAD/SF/MO $133,466 CAD/YR $11,122 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 2116 W Roosevelt Blvd, Monroe, NC 28110
- Tenant
- Description
- US Locations
- Reach
- Wenlong Qin
- -
- 2
- -
| Tenant | Description | US Locations | Reach |
| Wenlong Qin | - | 2 | - |
Property Facts
| Total Space Available | 5,450 SF | Total Land Area | 0.73 AC |
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 5,450 SF |
| Total Space Available | 5,450 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,450 SF |
| Total Land Area | 0.73 AC |
| Year Built | 1999 |
| Parking Ratio | 10/1,000 SF |
About the Property
2116 W Roosevelt Blvd is an investment retail property featuring a 5,450-square-foot freestanding building on 0.73 acres. Currently occupied by Tavern 74, the property provides in-place income with a tenant committed for at least one additional year and an option to renew, ensuring stability and near-term cash flow. Built in 1999, this single-story structure sits on B-1 SU (Neighborhood Business Special Use) zoning, offering excellent positioning along a high-visibility corridor in Monroe, NC. With significant parking—120 spaces—the site is well-suited for ongoing restaurant operations or future redevelopment opportunities. Offered at $2,600,000, the property combines current income generation with long-term upside for investors or buyers seeking a well-located asset with strong frontage and accessibility.
Nearby Major Retailers
Presented by
Cannon plaza
2116 W Roosevelt Blvd
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