Sunset Plaza

Sunset Plaza | 100 E. Sunset Drive, Monroe, NC 28112

Family Dollar, the last remaining gross lease in the center, pays below-market rent ($5.01 PSF on 8,775 SF). With the lease expiring 6/30/2029 and no renewal options, this presents a strong upside opportunity to convert it to a NNN at market rates.
Located at the signalized intersection of E. Sunset Drive and S. Haynes Street in South Monroe.
Renovations include a new façade, roof, parking lot, exterior painting, and a new pylon sign.
Monster Mini Golf opened in 2024 with a lease through 2035 and invested over $1,000,000 into their build-out, demonstrating a significant long-term commitment to the location.
Demographic Population: Growth Rate (2024-2029):
• 9.85% (3-Mile radius)
• 8.50% (5-Mile radius)

Food Lion completed a 10-year renewal in 2024, extending their lease term through 12/31/2034.
Food Lion performs very well with 2024 sales of $16,923,086 ($547 PSF) featuring a healthy Rent/Sales ratio of 1.37%.
Food Lion has operated at Sunset Plaza for over 30 years, demonstrating its commitment to this location.