4600-4610 Bragg Blvd - Retail FOR SALE


Fayetteville, NC 28303- Bonnie Doone
$3,850,000 USD
910-988-4263
4600-4610 Bragg Blvd, Fayetteville, NC for Sale
$3,850,000 USD
Retail - FOR SALE
1/24
null | 4.44% Cap Rate

4600-4610 Bragg Blvd
Fayetteville, NC 28303
Bonnie Doone


OVERVIEW

Nuri Plaza consists of a 30,177 SF two-tenant building (4600 Bragg Blvd. and 4610 Bragg Blvd.) located on 3.64 acres in the North Fayetteville submarket. The building was constructed in 2000 (remodeled in 2013) and is sprinkled throughout. The property is also equipped with a pylon sign for enhanced visibility and 105 parking spaces. Zoned Community Commercial (CC), the property can accommodate a diverse range of medium to high intensity retail, service and office uses that serve the general community and region. The 4600 Bragg Blvd unit consists of 13,634 SF and is occupied by Talecris Plasma Resources, which has occupied the unit since 2013 and has 7 years remaining in lease including renewals. The current rental rate is $14,235.27 NNN ($170,823 NOI). The 4610 Bragg Blvd unit consists of 16,543 SF and is currently occupied by the owner, which owner plans to vacate upon sale or lease. The unit is being listed for lease concurrently with this sale listing. The property is located in the North Fayetteville Submarket less than two miles from the All-American Expressway and the I-295 Outer Loop in the North Fayetteville submarket, providing the property convenient access to the major roads in and around Fayetteville. The property is also located less than 2.5 miles from Fort Bragg, the largest military installation in the world in terms of population. Combined, there are nearly 265,000 military personnel, civilian employees, retirees, and family members supported by Fort Bragg, providing an excellent customer pool.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

4.44%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Nuri Plaza

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

CROSS STREETS

Pamalee Dr

LAND ACRES

3.64 AC

LAND SF

158,558 SF

ZONING

CC

APN/PARCEL ID

0418-46-5919,0418-46-7944

ASK ABOUT THIS PROPERTY

Richard Fox IIIGrant-Murray Real Estate LLCMore Info
910-988-4263

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Richard Fox IIIGrant-Murray Real Estate LLCMore Info
910-988-4263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.