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For Sale

Strip Center and additional lot on N Bragg Blvd Spring Lake

409 N Bragg Blvd,
Spring Lake, NC 28390
Represented by
Grant-Murray Real Estate

Asset Snapshot

Power Center
Retail Subtype
1965
Year Built
2020
Year Renovated
1
Floor Count
2.57 Acres
Land Area

Offering Summary

Investment Overview

409 N Bragg Boulevard offers investors and owner-users the opportunity to acquire a recently remodeled 23,800-square-foot commercial building situated on approximately 1.90 acres in Spring Lake, North Carolina. The property benefits from excellent visibility and substantial frontage along N Bragg Boulevard/Highway 87, where traffic counts exceed 43,000 vehicles per day, generating strong exposure for current and future occupants. Suites F and G are currently leased to Mega Play, providing existing tenancy while preserving flexibility for a range of ownership and leasing strategies. Included in the sale is 415 N Bragg Boulevard, an additional parcel totaling approximately 0.67 acres, bringing added development flexibility to the offering. The combined site provides room to potentially expand the existing strip center at 409 N Bragg Boulevard or develop an additional outparcel, creating opportunities for increased leasable area, complementary uses, or future income generation. With its substantial building footprint, highway exposure, existing tenancy, and expansion potential, the property offers a compelling opportunity for investors and owner-users seeking both immediate utility and long-term upside.


Investment Highlights

  • 23,800 SF commercial building
  • Situated on 1.90 acres
  • Additional 0.67-acre lot available
  • Over 43,000 vehicles per day
  • Approximately one mile from Fort Bragg
  • Recently remodeled with excellent frontage

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$2,100,000
Asking Price

Investment Sales Broker

Greg Spears
Grant-Murray Real Estate

Market Insights