105 W Morganton Rd
Southern Pines, NC 28387
Bank of America: Southern Pines, NC · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer for sale a 3,400-square-foot freestanding Bank of America branch situated on 1.55 acres in Southern Pines, NC. The property is strategically located on a hard corner at the signalized intersection of West Morganton Road and Southwest Broad Street (Combined Traffic Count: 14,500 VPD), proximate to the area' s primary retail corridor which features retailers including Walmart Supercenter, Lowe' s Home Improvement, Harris Teeter, Best Buy, Dick' s Sporting Goods, PetSmart and many others. This investment offers investors an excellent opportunity to acquire an asset leased on an absolute NNN basis to one of the nation' s premier banks at a highly attractive price point. Southern Pines is a town of 13,005 in Moore County, part of the Research Triangle region of North Carolina. The community abuts Pinehurst and is attracting strong retiree in migration, and because it is within commuting distance to Fort Bragg (the largest military installation in the world with 50,000 active duty personnel) also acts as a bedroom community of Fayetteville, NC (35 miles east).