4610 Bragg Blvd - Storefront Retail/Office FOR SALE


Fayetteville, NC 28303
$4,000,000 USD
910-864-2626
4610 Bragg Blvd, Fayetteville, NC for Sale
$4,000,000 USD
Storefront Retail/Office - FOR SALE
1/42
null | Request Cap Rate

4610 Bragg Blvd
Fayetteville, NC 28303


HIGHLIGHTS

  • ±30,177 SF Class S Building
  • All space is heated and cooled and in excellent condition
  • Medical finish on half of the building
  • Well lit, ± 28’ ceilings in Showroom & shared loading dock in rear
  • Sprinkled, plenty of parking, pylon sign, and great visibility on Bragg Blvd
  • Near I-295, All-American FWY, and HWY 401

OVERVIEW

This ±30,177 SF building is currently 50% (+/_) leased. The owner occupant is in the other half of the building and will vacate within 90 days of contract date. The building sits on ±3.64 acres, was built in 2000 and remodeled in 2013. This is a Class S building, is sprinkled throughout, has a pylon sign, plenty of parking, great visibility on Bragg Blvd, and has public utilities. Approximately one half of the building (14,943 SF) has been leased to a state-of-the-art Plasma Center since 2013. The tenant made significant upgrades to the building to include extra HVACs, two walk in cooler/freezers, and multi-plasma donation areas. This facility has a medical office finish with no signs of deferred maintenance and is in excellent condition. This property has access to the shared loading dock in the rear. The other part of the building (15,234 SF) has been traditionally owner occupied since construction. This catalogue showroom space is well lit with ±28' tall ceilings. It has plenty of cubic square footage, an office, conference room, and break room. Electric doors open into the reception/lobby area. This part of the building is also in excellent condition and shows no signs of deferred maintenance. This space is available for lease for $12/SF. The income statement attached shows the numbers based on both sides being leased.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nuri Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Warehouse, Medical, Department Store

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

Malinda CravenFranklin Johnson Commercial Real EstateMore Info
910-864-2626

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Malinda CravenFranklin Johnson Commercial Real EstateMore Info
910-864-2626

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