Verizon, Monroe, NC

3003 Monroe Way
Monroe, NC 28110


Property: Investment Sales

Square Footage: 4,500

Price: $2,585,000

Cap Rate: Call


  • 4,500 square foot Verizon Wireless store developed by RealtyLink in the summer of 2010 on approximately 2.0 acres on U.S. Highway 74, about 20 miles southeast of downtown Charlotte.
  • The retail store is positioned at the entrance to a medical/office park and across from a Target anchored center.
  • Verizon is on a 10 year lease that commenced 9/6/10 with a 10% rent bump after 5 years.
  • The all cash transaction closed escrow on September 23rd for $2,585,000 and the buyer was an institutional real estate company headquartered in Texas.

Verizon, Monroe, NC



Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile