Absolute NNN IHOP
For Sale
Contact for pricing
1417 N Bragg Blvd, Spring Lake, NC 28390
4,953 SF IHOP is offered for sale with an absolute NNN lease and over 12.5 years remaining on the initial term.
Property Size4,953 SF
Days on Market120
Property Features for 1417 N Bragg Blvd
General Information
Standard status
Active
Size
4,953 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Traffic Count
47,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
The Kase Group
(512) 636-9613
Listed By:
Kevin Cordova · License #NM 19145
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 5:45PM
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 The Kase Group
Investment Insights
Based on property information with market context.
The property is a 4,953-square-foot IHOP located in Spring Lake, North Carolina. It is subject to an absolute NNN lease with over 12.5 years remaining on the initial term. Rent increases are structured at 1.25% annually, including during option periods, and the lease includes zero landlord obligations.
The site is located about 1.5 miles from the main entrance to Fort Bragg. Fort Bragg is described as the largest military base in the United States, with over 54,000 troops and 14,000 civilians working on post. The property also benefits from heavy traffic counts of 47,000 VPD.
This offering is for the IHOP operating asset under the stated absolute NNN lease terms.
The site is located about 1.5 miles from the main entrance to Fort Bragg. Fort Bragg is described as the largest military base in the United States, with over 54,000 troops and 14,000 civilians working on post. The property also benefits from heavy traffic counts of 47,000 VPD.
This offering is for the IHOP operating asset under the stated absolute NNN lease terms.
Key Highlights
- 4,953 SF IHOP in Spring Lake, NC
- Absolute NNN lease with over 12.5 years remaining on the initial term
- 1.25% annual rent increases, including during option periods
Property Analytics
Current Use
Lease Details
47,000 VPD
Traffic count
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 13%
Electronics 6%
SONIC Drive In
Dining
11,587 visits/mo
0.5 miles
IHOP
Dining
11,374 visits/mo
0.1 miles
Bank of America
Shops & Services
4,021 visits/mo
0.4 miles
T-Mobile
Electronics
1,702 visits/mo
0.5 miles
Marco's Pizza
Dining
1,641 visits/mo
0.5 miles
Demographics for 28390, NC
23,799
Population
10,204
Households
2.3
Avg Household Size
31
Median Age
28%
College-Educated
93%
High-School Grad
60.2 sq mi
ZIP Area
395
Density / Sq Mi
$58,750
Median Household Income
$36,678
Median Earnings
$1,151
Median Rent
$195,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - 4,953 SF IHOP is offered for sale with an absolute NNN lease and over 12.5 years remaining on the initial term.
Where is this nnn property located?
The property is located at 1417 N Bragg Blvd Spring Lake, NC.
What are key features of this property?
This property features: 4,953 SF IHOP in Spring Lake, NC; Absolute NNN lease with over 12.5 years remaining on the initial term; 1.25% annual rent increases, including during option periods
