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26703303
26703302

250 N M.L.K. Jr Blvd, Monroe, NC 28110 For Sale

PP
Unpriced
330 days on market
Updated 18 days ago

Food Lion Outparcels

Details
Property Type Land, Retail
Sub Type Bank, Commercial (+1)
Brand/Tenant Food Lion
Acreage 10.000
Ownership Fee Simple
Sale Condition For sale by owner

Land | 10 acres

Marketing description

The subject property includes several outparcels for ground lease or

sale, it's anchored by a Food Lion, which opened in June of 2019,

and also includes a 7-Eleven, which is under construction and

projected to open 3Q of 2025, and a future McDonald's.

Investment highlights

Strategic location at the intersection of N. MLK Jr. Blvd. (15,000+

VPD) and Weddington Rd. (7,200 VPD), includes 3 traffic signals, 2

of which are full access with dedicated turn lanes allowing for

multiple points of ingress/egress and ease of access.

Located directly across from Union Academy Charter School which

has an enrollment of roughly 2,200 students in K-12 with future

expansion plans.

The immediate area has experienced rapid rooftop growth with

several new single-family detached homes, townhomes, and

apartments either completed, under construction, or planned.

Listing Contacts

PP

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