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Auto Service NNN Property
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1112 N Bragg Blvd, Spring Lake, NC 28390

Auto-focused NNN lease property offered for sale with eligibility for bonus depreciation.

Days on Market100

Property Features for 1112 N Bragg Blvd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Matthews
Listed By: Josh Bishop · License #TX 688810
Source: Crexi
Added: Apr 24 Changed: Jul 22 Last Checked: Jul 22 at 8:36AM

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

Investment Insights

Based on property information with market context.

This property is offered for sale on an absolute net (NNN) lease structure. It is categorized as an automotive and specialty-type commercial asset, with the lease described as Abs NNN.

The offering is noted as eligible for bonus depreciation, and the current lease terms are presented as a strong match for investors seeking NNN characteristics.

For sale terms are provided as part of the listing, and no additional property details were included in the supplied information.

Key Highlights

  • Eligible for bonus depreciation
  • Abs NNN lease

Property Analytics

Current Use

Take 5 Oil ... Auto Repair Shop Rockbridge Plumbing Experts Plumbing Service

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Building Supply Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 96% Shops & Services 4%
IHOP Dining
11,374 visits/mo 0.4 miles
Circle K Shops & Services
454 visits/mo 0.2 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Auto-focused NNN lease property offered for sale with eligibility for bonus depreciation.
Where is this nnn property located?
The property is located at 1112 N Bragg Blvd Spring Lake, NC.
What are key features of this property?
This property features: Eligible for bonus depreciation; Abs NNN lease
More about this property
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