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908 N Sutherland Ave 3,969 SF Flex Building Monroe, NC 28110 For Sale



INVESTMENT HIGHLIGHTS
- Fully leased to a long-term tenant with NNN structure
- ±0.45 acres of undeveloped land for expansion
- GI zoning allows for outside storage and flexible uses
- Below-market rent offers upside potential
- Located near Monroe Bypass in a growth corridor
- Annual rent escalations through 2028
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Flex | Year Built | 2006 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.22 AC | Clear Ceiling Height | 14’ |
| Rentable Building Area | 3,969 SF | ||
| Zoning | General Industrial - General Industrial with Conditional Use | ||
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.22 AC |
| Rentable Building Area | 3,969 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| Zoning | General Industrial - General Industrial with Conditional Use |
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PROPERTY TAXES
| Parcel Number | 09-185-030 | Improvements Assessment | $556,731 CAD |
| Land Assessment | $137,849 CAD | Total Assessment | $694,580 CAD |
PROPERTY TAXES
Parcel Number
09-185-030
Land Assessment
$137,849 CAD
Improvements Assessment
$556,731 CAD
Total Assessment
$694,580 CAD
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908 N Sutherland Ave
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