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New Office Units with Private Offices
New
For Lease
$4,060/Mo

111 Closter Avenue, Southern Pines, NC 28387

Commercial Lease, Southern Pines, NC

Space SizeContact for details
Lot Size0.97 Acres
Days on Market3

Property Features for 111 Closter Avenue

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning GB
Parking features Parking Lot
Subdivision Southern Pines
Lot features Level, Corner Lot, Cleared
Directions Heading south on US-1 in Southern Pines, turn right onto Rothney Avenue, then immediately turn right onto Luther Way. Turn left onto Shaw Avenue, then immediately turn right onto Closter Avenue. Property will be the first building on the left.
Standard status Active
APN 00046501
Size 1,950 SF
Lot size 0.97 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PINEDENE LOT51, 52, 59-62
Tax Annual Amount 655
Expense value 4060
Expense SecurityDeposit
Expense freq. One Time
Legal Description PINEDENE LOT51, 52, 59-62

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

foyer
waiting room
break room with kitchenette
bathrooms
storage closets

Building Details

Year built 2026
Flooring type Lvt/lvp
Building materials Brick
Listing Agency: Keller Williams Pinehurst · Keller Williams Realty
Listed By: Samuel Phillips · License #362193
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 18 at 9:06AM
MLS# 100604055

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,950-square-foot office property is under construction as a brick building scheduled for completion in 2026. The layout includes a foyer, waiting room, conference room, break room with kitchenette, five private offices, two bathrooms, and storage closets. Ten-foot ceilings, large windows, tall doors, soundproof doors, LVT flooring, central air, and heat-pump heating support a professional workplace environment. Established wiring infrastructure is in place for connectivity and business operations.

The property occupies 0.97 acres at 111 Closter Avenue in Southern Pines, with convenient access to US-1 while maintaining a quieter setting away from busier commercial corridors. Public water and public sewer serve the site, and on-site parking is provided by a parking lot. The property is zoned GB and features brick construction.

Key Highlights

  • 1,950 square feet of office space on 0.97 acres
  • Five private offices, conference room, waiting room, and two bathrooms
  • 10‑foot ceilings, large windows, tall doors, and soundproof doors

Property Analytics

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Current Use

Office Units

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

645
Businesses Nearby

Demographics for 28387, NC

16,413
Population
8,731
Households
1.9
Avg Household Size
45
Median Age
53%
College-Educated
93%
High-School Grad
29.5 sq mi
ZIP Area
556
Density / Sq Mi
$73,587
Median Household Income
$51,681
Median Earnings
$1,137
Median Rent
$366,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Southern Pines, NC

$37.99 /SF/Yr
Avg Asking Price
$14.4–$80.77 /SF/Yr
Price Range
721 SF
Avg Space Size

This space is priced 34% below the average of $37.99 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Bright office space with private rooms, conference facilities, kitchenette, storage, and established wiring infrastructure.
Where is this office units located?
The property is located at 111 Closter Avenue Southern Pines, NC.
What is the lease rate?
The lease rate is $4,060/Mo.
What are key features of this property?
This property features: 1,950 square feet of office space on 0.97 acres; Five private offices, conference room, waiting room, and two bathrooms; 10‑foot ceilings, large windows, tall doors, and soundproof doors
More about this property
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