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Investment Highlights

  • Multi-tenant retail investment
  • Value-add opportunity through rent increases
  • 8% cap rate with in-place income

Executive Summary

2719 Bragg Blvd presents a compelling multi-tenant retail investment opportunity located along one of Fayetteville’s most active commercial corridors. The property consists of approximately 6,200 square feet situated on ±0.65 acres, offering strong visibility, consistent traffic exposure, and convenient access to the greater Fort Liberty and central Fayetteville trade areas.
The asset is currently producing approximately $10,000/month in NOI, representing an ~8% cap rate at the asking price. In addition to the in-place income, the property offers significant value-add potential, as several tenants are currently paying below-market lease rates. A new owner has the opportunity to increase rents over time, driving higher NOI and achieving a stronger cap rate.
The property is also supported by an active property management company that handles day-to-day operations, including expense management and tenant coordination. This structure provides a hands-off, triple net–style investment experience, where expenses are managed and deducted, and the owner receives consistent net income distributions. This setup is ideal for investors seeking passive income with minimal involvement.
This is an ideal opportunity for investors looking for stable cash flow from day one, combined with the ability to **increase returns through lease optimization in a high-traffic retail location.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,200 SF
Building Class
C
Year Built
1963
Price
$2,037,000 CAD
Price Per SF
$125.74 CAD
Cap Rate
8%
NOI
$162,960 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.57
Lot Size
0.65 AC
Zoning
C1 - Heavy Commercial District
Parking
20 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
185’ on Bragg Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Caribou Coffee
Truist
Carlie C's IGA
IGA
Food Lion
7 Brew Coffee
Starbucks
Rent-A-Center
CrossFit

Property Taxes

Property Taxes

Parcel Number
0428-21-2423
Land Assessment
$252,823 CAD
Improvements Assessment
$709,195 CAD
Total Assessment
$962,018 CAD
  • Listing ID: 40304404

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 2719-2729 Bragg Blvd, Fayetteville, NC 28303

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