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Remodeled Strip Center with Additional Lot
New
For Sale
$2,100,000

409 N Bragg Blvd, Spring Lake, NC 28390

Two parcels combine existing retail space with leased suites and added expansion flexibility.

Property Size23,800 SF
Lot Size2.57 Acres
Price / SF$88.24
Days on Market4

Property Features for 409 N Bragg Blvd

General Information

Standard status Active
Size 23,800 SF
Lot size 2.57 Acres
Property subtype Retail

Additional Details

Traffic Count 43,000 vehicles/day

Building Details

Building Size 23,800 SF
Year Built 1965
Listing Agency: Grant-Murray Real Estate
Listed By: Greg Spears · License #272060
Source: Grantmurrayre
Added: Sep 11 Changed: Sep 13 Last Checked: Sep 13 at 7:18AM

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 Grant-Murray Real Estate

Investment Insights

Based on property information with market context.

This remodeled strip center includes a 23,800-square-foot commercial building on approximately 1.90 acres, with Suites F and G leased to Mega Play. The sale also includes 415 N Bragg Boulevard, an additional parcel of approximately 0.67 acres, creating a combined site of roughly 2.57 acres. The property was built in 1965 and offers an established commercial footprint with an additional parcel for future site planning.

The property fronts N Bragg Boulevard, also identified as Highway 87, with traffic counts exceeding 43,000 vehicles per day. Fort Bragg is approximately one mile away. The additional land may support expansion of the existing strip center or development of a separate outparcel, subject to applicable approvals.

Key Highlights

  • 23,800‑square‑foot remodeled commercial building
  • Approximately 1.90‑acre site at 409 N Bragg Boulevard
  • Additional 0.67‑acre parcel at 415 N Bragg Boulevard

Property Analytics

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Current Use

The Redeemed Christian Church ... Church Fresh Divine Flavors Restaurant Lee Furniture Furniture & Home Goods

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service HVAC Service Locksmith Bakery

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

Lease Details

43,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby
150k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 26% Apparel 8% Electronics 5%
Cook Out Dining
20,063 visits/mo 0.2 miles
7 Brew Coffee Dining
14,140 visits/mo 0.5 miles
Murphy USA Shops & Services
13,136 visits/mo 0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
12,851 visits/mo 0.4 miles
Dollar Tree Shops & Services
12,511 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Strip mall - Two parcels combine existing retail space with leased suites and added expansion flexibility.
Where is this strip mall located?
The property is located at 409 N Bragg Blvd Spring Lake, NC.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 23,800‑square‑foot remodeled commercial building; Approximately 1.90‑acre site at 409 N Bragg Boulevard; Additional 0.67‑acre parcel at 415 N Bragg Boulevard
More about this property
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