105 W Morganton Rd
Southern Pines, NC 28387
Bank of America | Absolute NNN | $104K AHHI · Retail Property For Sale

The Bank of America is strategically located at the signalized, hard corner intersection of West Morganton Road and Old U.S. Highway 1/SW Broad Street, averaging a combined 14,500 VPD passing by daily. Further, West Morganton Road provides direct on/off ramp access to U.S. Highway 1, a major north/south commuter thoroughfare connecting travelers to/from the Raleigh, NC MSA, averaging an additional 19,000 vehicles per day. The site is equipped with a monument sign for increased visibility and a drive-thru, providing ease and convenience for customers. Moreover, the subject property benefits from multiple points of ingress/egress along both cross streets. Located within a strong retail corridor of Southern Pines, the Bank of America is located near multiple shopping centers, including Pinecrest Plaza, Town and Country Shopping Center, Center Park Shopping Center, and Sandhill Shopping Center. Other nearby national/credit tenants include a 24-hour Walmart Supercenter, TJ Maxx, Ross, Best Buy, and more, increasing consumer traffic to the trade area. The 10-mile trade area is supported by nearly 70,000 residents and more than 32,900 employees. Residents within the more immediate 5-mile trade area have an affluent average household income of $104,392.