Multi-Tenant NNN Retail
2719 Bragg Boulevard Fayetteville, NC 28303
2719 Bragg Boulevard, Fayetteville, NC, 28303
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For Sale
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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 Market86
Property Features for 2719 Bragg Boulevard
General Information
- Standard status
- Active
- Size
- 16,200 SF
- Lot size
- 0.65 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1963
Listing agency
CENTURY 21 Triangle Group
(919) 302-3298
Listed by
Jose Cruz · License #312455
Source
Crexi
Added: Apr 27 Updated: Jul 21 at 2:01AM Checked: Jul 21 at 4:54AM
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
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
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FAQs
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
