Sunset Plaza

100 E Sunset Dr,
Monroe, NC 28112

 

58,958
GLA (SF)
 
 
$186,003
NOI
 
 
4.9550 (+/-) Acres
Lot Size
 
 
58,958
GLA (SF)
 
 
$186,003
NOI
 
 
4.9550 (+/-) Acres
Lot Size
 
 

Highlights

  • Strong performing 100% occupied grocery-anchored center
  • Strong Food Lion sales in 2017 of $11,598,438 ($375 PSF) featuring a very healthy Rent/Sales ratio of 0.86%. We were told sales have only increased since.
  • Food Lion is paying a very low rent of $3.78 PSF
  • There is a Thrift Store in a 15,438 SF Space on a MTM lease that is only paying $2,000 a month gross ($1.55 PSF), providing a new owner the opportunity to replace them with a better tenant.
  • On the east side of Monroe not far from Atrium Hospital. Located close to the center of town at the corners of Sunset Dr. and S. Hayne St.

    FOR MORE DETAILS CONTACT
    Jacob Baruch
    President
    (718) 450-2178
    jacob@legacyrg.com