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1105 N Bragg Blvd 728 SF Retail Building Spring Lake, NC 28390 $1,098,593 CAD ($1,509.06 CAD/SF)
Investment Highlights
- 0.70-acre redevelopment site located along a major commercial thoroughfare.
- Frontage along a high-visibility retail corridor with 42,000 vehicles per day.
- Utilities and site improvements in place, streamlining development timelines.
- Existing ±780 SF structure includes a rare double drive-thru configuration.
- Flexible site for expansion, reconfiguration, or ground-up redevelopment.
- Offered at $799,000, reflecting both land and infrastructure value.
Executive Summary
This 0.70-acre retail property on N Bragg Blvd presents a unique opportunity for redevelopment or adaptive reuse in a high-traffic corridor boasting approximately 42,000 vehicles per day. The site includes an existing ±780 SF building with dual drive-thru infrastructure—a significant advantage for quick-service restaurants or coffee concepts aiming for operational efficiency.
Situated within a dense retail node, the property benefits from strong co-tenancy and visibility along a primary commercial artery serving Spring Lake and the nearby Fort Liberty (formerly Fort Bragg) military base. Operators can leverage the flexible footprint and oversized parcel for expansion, reconfiguration, or full-scale redevelopment. Utilities and site improvements are already in place, which can substantially reduce upfront costs and accelerate project timelines.
At $799,000, the offering captures both the underlying land value and the added benefit of pre-installed drive-thru facilities, making it an attractive acquisition for users or investors seeking to capitalize on the area’s sustained demand for food, beverage, and service concepts.
Situated within a dense retail node, the property benefits from strong co-tenancy and visibility along a primary commercial artery serving Spring Lake and the nearby Fort Liberty (formerly Fort Bragg) military base. Operators can leverage the flexible footprint and oversized parcel for expansion, reconfiguration, or full-scale redevelopment. Utilities and site improvements are already in place, which can substantially reduce upfront costs and accelerate project timelines.
At $799,000, the offering captures both the underlying land value and the added benefit of pre-installed drive-thru facilities, making it an attractive acquisition for users or investors seeking to capitalize on the area’s sustained demand for food, beverage, and service concepts.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
728 SF
Building Class
B
Year Built
1989
Price
$1,098,593 CAD
Price Per SF
$1,509.06 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.70 AC
Zoning
CP - Commercial Planning
Parking
24 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0502-51-2077 | Improvements Assessment | $136,398 CAD |
| Land Assessment | $427,665 CAD | Total Assessment | $564,063 CAD |
Property Taxes
Parcel Number
0502-51-2077
Land Assessment
$427,665 CAD
Improvements Assessment
$136,398 CAD
Total Assessment
$564,063 CAD
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1105 N Bragg Blvd
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