1417 N Bragg Blvd | Spring Lake, NC 28390
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- LoopNet Team
1417 N Bragg Blvd
Spring Lake, NC 28390
IHOP Restaurant Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- OVER 12.5 YEARS REMAIN ON ABSOLUTE NNN LEASE
- PYLON SIGNAGE ON N. BRAGG BOULEVARD - TRAFFIC COUNTS IN EXCESS OF 47,000 CARS PER DAY
- FORT BRAGG HAS OVER 54,000 TROOPS AND ANOTHER 14,000 CIVILIANS WORK ON POST
- 1.25% ANNUAL INCREASES THROUGHOUT INITIAL LEASE TERM AND OPTIONS
- 1.5 MILES FROM THE MAIN ENTRANCE TO FORT BRAGG (LARGEST MILITARY BASE IN THE UNITED STATES)
- EXPERIENCED MULTI-UNIT OPERATOR
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,953 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.32 AC
Zoning
CP
Parking
151 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 0502-43-6145 | Improvements Assessment | $701,362 |
| Land Assessment | $253,318 | Total Assessment | $954,680 |
PROPERTY TAXES
Parcel Number
0502-43-6145
Land Assessment
$253,318
Improvements Assessment
$701,362
Total Assessment
$954,680
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