Multi-Tenant NNN Retail
For Sale
Contact for pricing
2719 Bragg Boulevard, Fayetteville, NC 28303
Multi-tenant retail property with in-place NOI of about $10,000 per month and active triple-net-style management.
Property Size16,200 SF
Lot Size0.65 Acres
Price / SF$92.59
Days on Market132
Property Features for 2719 Bragg Boulevard
General Information
Standard status
Active
Size
16,200 SF
Class
B
Total Parking Spaces
17
Lot size
0.65 Acres
Property subtype
Retail
Zoning
C1
Occupancy
100%
Lease Type
Gross
Investment Type
Net Lease
Net Operating Income
$90,000
Additional Details
Cap Rate
8%
Building Details
Year Built
1963
Units
6
Tenancy
Multi
Listing Agency:
Century 21 Triangle Group - Flanagan CRE Team
Listed By:
Pat Flanagan · License #295126
(919) 302-3298
Source:
Crexi
Added: Apr 27
Changed: Sep 2
Last Checked: Sep 4 at 4:06PM
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 Century 21 Triangle Group - Flanagan CRE Team
Investment Insights
Based on property information with market context.
719 Bragg Boulevard (Fayetteville, NC) is a multi-tenant retail strip designed for an NNN-style ownership structure, totaling approximately 16,200 square feet on about 1.65 acres. The property is situated along an active commercial corridor and benefits from visibility, consistent traffic exposure, and convenient access to the Fort Liberty and central Fayetteville trade areas.
The asset is currently producing approximately $10,000 per month in NOI, which the seller notes equates to about an 8% cap rate. In addition to existing income, the offering highlights value-add opportunity through lease optimization, with several tenants paying below-market lease rates. An active property management company is in place to handle day-to-day operations, including expense management and tenant coordination, supporting hands-off ownership with consistent net income distributions.
The asset is currently producing approximately $10,000 per month in NOI, which the seller notes equates to about an 8% cap rate. In addition to existing income, the offering highlights value-add opportunity through lease optimization, with several tenants paying below-market lease rates. An active property management company is in place to handle day-to-day operations, including expense management and tenant coordination, supporting hands-off ownership with consistent net income distributions.
Key Highlights
- Multi‑tenant retail property built in 1963 with approx. 16,200 SF on 0.65 acres
- Currently produces approx. $10,000/month in NOI, listed as ~8% cap rate at the asking price
- In‑place rental income with several tenants paying below‑market lease rates, offering rent‑increase potential
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
73k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 27%
Apparel 1%
Electronics 1%
Dollar Tree
Shops & Services
35,593 visits/mo
0.2 miles
Circle K
Shops & Services
13,642 visits/mo
0.2 miles
Burger King
Dining
9,377 visits/mo
0.1 miles
Bill's Cafe
Dining
7,412 visits/mo
0.2 miles
Domino's Pizza
Dining
2,683 visits/mo
0.2 miles
Demographics for 28303, NC
30,842
Population
15,554
Households
2
Avg Household Size
36
Median Age
30%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,003
Density / Sq Mi
$53,261
Median Household Income
$37,238
Median Earnings
$1,125
Median Rent
$174,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Multi-tenant retail property with in-place NOI of about $10,000 per month and active triple-net-style management.
Where is this strip mall located?
The property is located at 2719 Bragg Boulevard Fayetteville, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multi‑tenant retail property built in 1963 with approx. 16,200 SF on 0.65 acres; Currently produces approx. $10,000/month in NOI, listed as ~8% cap rate at the asking price; In‑place rental income with several tenants paying below‑market lease rates, offering rent‑increase potential
