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Fully Leased Office Building
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Pending

685 S Bennett St, Southern Pines, NC 28387

Multi-tenant office property with Broad Street frontage and off-street parking.

Property Size15,888 SF
Days on Market143

Property Features for 685 S Bennett St

General Information

Standard status Pending
Size 15,888 SF
Property subtype Office
Occupancy 100%
Net Operating Income $124,730

Additional Details

Cap Rate 5.5%
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Carolina Summit Group
Listed By: Holly Bell · License #NC 252152
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:56PM

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 Carolina Summit Group

Investment Insights

Based on property information with market context.

This office property comprises approximately 15,888 +/- SF across addresses on S Bennett Street and SW Broad Street in Southern Pines. The fully leased asset includes off-street parking accessed from Bennett Street and frontage along Broad Street. Occupants include ARC of Moore County, Special Forces Charitable Trust, Far Ridgeline, Elaine's Salon, and Twelve Million Plus powered by Instant Teams.

The property is located in Downtown Southern Pines, with access to US Hwy 1 within minutes. Its tenant roster spans nonprofit, professional, salon, and team-services uses, creating a multi-occupant operating profile. The property reports a 5.5% cap rate.

Key Highlights

  • Approximately 15,888 +/- SF of office space
  • Fully leased property with multiple occupants
  • Broad Street frontage

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Pharmacy Storage Facility Parking Lot & Garage Electrical Service

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,153
Businesses Nearby

Demographics for 28387, NC

16,413
Population
8,731
Households
1.9
Avg Household Size
45
Median Age
53%
College-Educated
93%
High-School Grad
29.5 sq mi
ZIP Area
556
Density / Sq Mi
$73,587
Median Household Income
$51,681
Median Earnings
$1,137
Median Rent
$366,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office property with Broad Street frontage and off-street parking.
Where is this office building located?
The property is located at 685 S Bennett St Southern Pines, NC.
What are key features of this property?
This property features: Approximately 15,888 +/- SF of office space; Fully leased property with multiple occupants; Broad Street frontage
(910) 690-1065 Call to check price and availability
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