Circle K Spring Lake, NC

1886 N Bragg Blvd
Spring Lake, NC

Price: $1,204,000
Cap Rate: 6.75%
NOI: $81,245
Building Size: Approx. 2,600 Sq. Ft.
Lot Size: Approx. 1.58 Acres
Type: Single-Tenant / Retail
Sub Category: Convenience / Gas
Year Built: 1998

Investment Overview

  • 2,600+/- SF Building on 1.58+/- Acre Site
  • 15-Year Absolute NNN Lease with 3+ Years Remaining
  • Located along N Bragg Blvd (21,419 VPD) and Vass Rd
  • Signalized Intersection, on major highway thoroughfare
  • Spring Lake is a suburb of Fayetteville and Home to Fort Bragg
  • Home to Eight of the Top Ten American Defense Contractors
  • Fort Bragg and Pope Field bring $4.5 billion a year to local economy
  • Strong Income Demographics w/ est. $64,022 within a 3-Mile Radius