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Executive Summary

NAI Charleston is proud to present a premier freestanding retail investment opportunity located at 890 US Hwy 401 Bypass in Laurinburg, North Carolina. The offering consists of a ±2,200-square-foot Firehouse Subs restaurant with a drive-thru, situated on a ±0.53-acre outparcel to the Lowe’s Home Improvement center along the highly trafficked Highway 401 corridor.
This offering represents a compelling sale-leaseback opportunity with the largest franchisee in the Firehouse Subs system. At closing, the tenant will execute a brand-new 10-year lease, delivering immediate and predictable cash flow backed by an experienced, scaled multi-unit operator. The lease structure includes scheduled rental increases, providing investors with built-in income growth and long-term value enhancement.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
2,371 SF
Year Built
2021
Price
$1,725,000
Price Per SF
$727.54
Cap Rate
5.70%
NOI
$98,325
Percent Leased
100%
Building Height
1 Story
Lot Size
11.70 AC
Zoning
GB
Frontage
320’ on W BLVD
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100

Nearby Major Retailers

Planet Fitness
Starbucks
Smithfield's Chciken 'N Bar-B-Q
Zaxby's
Waffle House
Woodforest Bank
IGA
Cook Out
Food Lion
Freddy's Frozen Custard & Steakburgers

Property Taxes

Property Taxes

Parcel Number
01-0016-01-001-A
Land Assessment
$207,630
Improvements Assessment
$8,390
Total Assessment
$216,020
  • Listing ID: 39629821

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 890 US-401, Laurinburg, NC 28352

Contact the Sale Advisor

890 US-401 - Firehouse Subs | 890 US-401

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