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31283935
31283937

2613 - 2617 Executive Point Dr, Monroe, NC 28110 For Sale

MH
NC NC 206869
KW Commercial
Listed by KW Commercial
$3,500,000
120 days on market
Updated 26 days ago

2613 - 2617 Executive Point Dr

Details
APN 09363006J, 0936006G
Property Type Industrial, Office (+1)
Sub Type Flex
Square Footage 21,361
NOI $85,386
Year Built 2000
Acreage 1.540
Zoning GB
Ceiling Height 10' - 14'

Industrial | 21,361 SqFt

Marketing description

This property offers a compelling combination of excellent highway access, strong traffic exposure, proximity to Charlotte and access to a growing population base, making it well-suited for office, flex, light industrial or service-oriented users seeking both convenience and regional connectivity.

The property presents an attractive value-add investment opportunity with 9,548 SF currently leased and 11,813 SF available for lease or owner-user occupancy, allowing for immediate upside through lease-up. The building is configured as a combination of office and workspace/flex areas, offering flexibility for a wide range of users.

Investment highlights

Lease Highlights

  • Multiple private offices and open workspace areas

  • Ideal for office, service or flex users

  • Roll-up door

  • Warehouse/storage uses permitted via special use permit

  • Strong access to US-74, Monroe Expressway and I-485

  • Ceiling heights of 10' - 14'

  • New Roof

  • Units separately metered

Sale Highlights

  • 2613 is a Tenant occupied NNN lease through October 31, 2028 with two additional 3-year term options to renew

  • Two parcels

  • Units are separately metered for electrical

  • 2617A was built in 2019

  • New roof

  • Updated lighting

  • Currently configured as three units, it has the flexibility to convert into four separate units, each equipped with its own restroom and HVAC system.

Listing Contacts

MH
NC NC 206869
KW Commercial
Listed by KW Commercial

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,386.00
$7,115.50/mo

Valuation Metrics

0
DSCR
2.44%
Cap Rate
2.44%
ROI

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Additional Information

Name
Matthew Hagler
License
NC 206869
Brokerage Address
14045 Ballantyne Corporate Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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