Leased Conventional
For Sale
Contact for pricing
Pending
2905 W 5th St, Lumberton, NC 28358
Corner-site restaurant property with an active lease and a term extending through August 31, 2027.
Property SizeContact for details
Lot Size2.20 Acres
Days on Market140
Property Features for 2905 W 5th St
General Information
Standard status
Pending
Lot size
2.20 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$4,200,000
Listing Agency:
Candler Developer Group LLC
Listed By:
Mark Candler · License #NC / 225349
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 7:53AM
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 Candler Developer Group LLC
Investment Insights
Based on property information with market context.
This conventional restaurant property includes an operating restaurant use under a lease with La Patrona Bar & Grill. The agreement runs for 60 months, beginning September 1, 2022, and ending August 31, 2027, with graduated lease rates during the term.
The site occupies approximately 1.8 to 2.2 acres at the corner of W. 5th St. and an interstate northbound route in Lumberton, North Carolina. Its position places the property between the interstate and W. 5th St. An NCDOT special assessment notes planned interstate widening that includes W. 5th St.
The site occupies approximately 1.8 to 2.2 acres at the corner of W. 5th St. and an interstate northbound route in Lumberton, North Carolina. Its position places the property between the interstate and W. 5th St. An NCDOT special assessment notes planned interstate widening that includes W. 5th St.
Key Highlights
- Approximately 1.8 to 2.2‑acre restaurant site
- Active La Patrona Bar & Grill lease
- 60‑month lease term
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
137k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 36%
Groceries 13%
Home Improvements & Furnishings 2%
McDonald's
Dining
31,067 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
17,637 visits/mo
0.3 miles
Burger King
Dining
16,750 visits/mo
0.1 miles
BP
Shops & Services
11,505 visits/mo
0.1 miles
Hardee's
Dining
9,098 visits/mo
0.1 miles
Demographics for 28358, NC
32,865
Population
14,838
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
82%
High-School Grad
196.6 sq mi
ZIP Area
167
Density / Sq Mi
$46,756
Median Household Income
$34,031
Median Earnings
$837
Median Rent
$106,200
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?
Conventional restaurant - Corner-site restaurant property with an active lease and a term extending through August 31, 2027.
Where is this conventional restaurant located?
The property is located at 2905 W 5th St Lumberton, NC.
What are key features of this property?
This property features: Approximately 1.8 to 2.2‑acre restaurant site; Active La Patrona Bar & Grill lease; 60‑month lease term
