NNN Steakhouse with Landlord Roof
270 SW Broad St Southern Pines, NC 28387
New
270 SW Broad St, Southern Pines, NC, 28387
$4,300,000
For Sale
$4,300,000
NNN restaurant sale with roof-and-structure landlord responsibility, about 113 years remaining, and downtown Southern Pines on-street parking.
Days on Market1
Property Features for 270 SW Broad St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing Agency
Matthews of North Carolina, LLC
(704) 207-0736
Listed by
Andrew Rollans · License #363290 (NC)
(704) 207-0736
Source
Matthews
Added: Jul 18 Checked: Jul 18 at 3:28 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews of North Carolina, LLC
Investment Insights
Based on property information with market context.
The offering is an NNN-leased steakhouse restaurant with landlord responsibility for roof and structure. The lease structure includes approximately 113 years remaining on the initial term, along with two 10-year options to renew. Trademark conveys with the sale. Rent is the greater of $10,000 per month or 8% of gross annual revenue, calculated at calendar year end.
Located at 270 SW Broad St in Southern Pines, NC, the property sits within the town’s established commercial corridor and is served by abundant free on-street parking for customers. The remarks cite strong local demand drivers, including average household income over $129,666 within a five-mile radius and more than 1 million visitors annually in Moore County, supported by the area’s “Home of American Golf” reputation.
Located at 270 SW Broad St in Southern Pines, NC, the property sits within the town’s established commercial corridor and is served by abundant free on-street parking for customers. The remarks cite strong local demand drivers, including average household income over $129,666 within a five-mile radius and more than 1 million visitors annually in Moore County, supported by the area’s “Home of American Golf” reputation.
Key Highlights
- NN lease: landlord responsible for roof and structure
- Built in 2008; about 13 years remaining on the initial term with two, 10‑year renewal options
- Southern Pines location at 270 SW Broad Street with abundant free on‑street parking for customer access
Property Analytics
Location Intelligence
Current Use by Public Records
Southern Prime Steakhouse
Restaurant
Old Masters Drawing
Theater & Performing Art Venue
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FAQs
What type of property is this?
Conventional restaurant - NNN restaurant sale with roof-and-structure landlord responsibility, about 113 years remaining, and downtown Southern Pines on-street parking.
Where is this conventional restaurant located?
The property is located at 270 SW Broad St Southern Pines, NC.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: NN lease: landlord responsible for roof and structure; Built in 2008; about 13 years remaining on the initial term with two, 10‑year renewal options; Southern Pines location at 270 SW Broad Street with abundant free on‑street parking for customer access
