211 Murchison Rd - Retail FOR SALE


Spring Lake, NC 28390
$825,000 USD
910-988-5284
211 Murchison Rd, Spring Lake, NC for Sale
$825,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

211 Murchison Rd
Spring Lake, NC 28390


HIGHLIGHTS

  • 2,614 SF restaurant building with drive-thru.
  • Zoned C3, spanning 1.12 acres.
  • Large parking lot with 62 spaces.
  • Pylon signage with excellent visibility.
  • High traffic count of 65,500 vehicles daily.
  • Proximity to 69,047 daytime population.

OVERVIEW

This versatile 2,614-square-foot restaurant property at 211 Murchison Road in Spring Lake, NC, offers an exceptional opportunity for redevelopment or continued use as a quick-service restaurant. Currently operated as a Subway, the building will be sold vacant, providing flexibility for new owners or tenants. Zoned C3 and spanning 1.12 acres, the property features a large parking lot with 62 spaces and a convenient drive-thru, catering to high-traffic business models. A prominent pylon sign ensures excellent roadside visibility, while the property’s strategic layout supports a seamless customer experience. With a traffic count of 65,500 vehicles daily, the site boasts unmatched exposure to a consistent flow of potential customers. Positioned in the dynamic Spring Lake area, the property benefits from its proximity to a growing residential and daytime population of 69,047 within a 5-mile radius. The surrounding area features a mix of commercial, retail, and residential developments, creating a robust consumer base with an average household income of $69,679. Nearby amenities include schools, healthcare facilities, and retail centers, making this a practical and convenient location for customers and employees alike. Accessibility is further enhanced by well-connected roadways, ensuring the property is easily reachable for both locals and commuters.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

QSR/Restaurant Opportunity

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

C3

APN/PARCEL ID

0501837491,0501839401

ASK ABOUT THIS PROPERTY

Patrick Murray, CCIM, SIORGrant-Murray Real Estate LLCMore Info
910-988-5284

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Patrick Murray, CCIM, SIORGrant-Murray Real Estate LLCMore Info
910-988-5284

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