1600 Roosevelt Blvd - Fast Food FOR SALE


Monroe, NC 28112
$2,162,000 USD
424-389-0582
1600 Roosevelt Blvd, Monroe, NC for Sale
$2,162,000 USD
Fast Food - FOR SALE
1/5
null | 5.15% Cap Rate

1600 Roosevelt Blvd
Monroe, NC 28112


HIGHLIGHTS

  • Corporate Lease with Strong National Tenant – Jack in the Box, a leading QSR brand.
  • Long-Term Stability – Lease secured through 2036 + three (3) 5-year options.
  • Jack in the Box extended its lease term by 10 years, demonstrating long-term commitment to the location.
  • The lease is corporate guaranteed, ensuring financial stability and reliability.
  • Attractive Returns – 5.15% cap rate with CPI-based rent growth.
  • Prime Location – Corner of Hwy 601 & 74 with 73,000+ VPD

OVERVIEW

Century Partners Real Estate Inc. is pleased to present the opportunity to acquire a single-tenant corporate Jack in the Box store located in Monroe, North Carolina (Charlotte Metro). The site benefits from direct visibility at the corner of a major intersection carrying (73,000 VPD). Local traffic drivers include a Food Lion-anchored plaza and nearby Atrium Health Union Hospital. This seasoned location has operated as a Jack in the Box for 20+ years and has recently extended its lease term by 10 years, demonstrating long-term commitment to the location.

FOR SALE DETAILS

PRICE

$2,162,000 USD

PRICE/SF

$1,022 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate Jack in the Box

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

38,052 SF

ZONING

B3

APN/PARCEL ID

09-156-005

ASK ABOUT THIS PROPERTY

Joshua BergerCentury Partners Real Estate Inc.More Info
424-389-0582

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Joshua BergerCentury Partners Real Estate Inc.More Info
424-389-0582

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.