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Nuri Plaza 4610 Bragg Blvd

30,096 SF 49% Leased Retail Building Fayetteville, NC 28303 £3,156,000 (£105/SF)

Investment Highlights

  • ±30,177 SF Class S Building
  • Medical finish on half of the building
  • Sprinkled, plenty of parking, pylon sign, and great visibility on Bragg Blvd
  • All space is heated and cooled and in excellent condition
  • Well lit, ± 28’ ceilings in Showroom & shared loading dock in rear
  • Near I-295, All-American FWY, and HWY 401

Executive Summary

This ±30,177 SF building is currently 50% (+/_) leased. The owner occupant is in the other half of the building and will vacate within 90 days of contract date. The building sits on ±3.64 acres, was built in 2000 and remodeled in 2013. This is a Class S building, is sprinkled throughout, has a pylon sign, plenty of parking, great visibility on Bragg Blvd, and has public utilities. Approximately one half of the building (14,943 SF) has been leased to a state-of-the-art Plasma Center since 2013. The tenant made significant upgrades to the building to include extra HVACs, two walk in cooler/freezers, and multi-plasma donation areas. This facility has a medical office finish with no signs of deferred maintenance and is in excellent condition. This property has access to the shared loading dock in the rear.
The other part of the building (15,234 SF) has been traditionally owner occupied since construction. This catalogue showroom space is well lit with ±28' tall ceilings. It has plenty of cubic square footage, an office, conference room, and break room. Electric doors open into the reception/lobby area. This part of the building is also in excellent condition and shows no signs of deferred maintenance. This space is available for lease for $12/SF. The income statement attached shows the numbers based on both sides being leased.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
30,096 SF
Building Class
C
Year Built/Renovated
2000/2013
Price
£3,156,000
Price Per SF
£105
Percent Leased
49%
Tenancy
Multiple
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.19
Land Acres
3.64 AC
Zoning
CC
Parking
105 Spaces (3.49 Spaces per 1,000 SF Leased)
Frontage
245 ft on Bragg Blvd

Amenities

  • Bus Route
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 4610
  • 15,234 SF
  • Retail
  • -
  • Now

· ±15,234 SF of showroom, office space, and warehouse. · All space is heated and cooled and in excellent condition. · Ceiling height is ±28 FT through most of the space except for the offices · Warehouse has a shared loading dock with the Tenant next door. · Sprinkled, plenty of parking, pylon sign, and great visibility on Bragg Blvd · Near I-295, All-American FWY, and HWY 401 · Significant potential customer base of 139,326 residents within a 5—mile radius · High traffic count of 46,500 VPD at the intersection of Bragg Blvd and Pamalee Dr

Space Size Space Use Position Available
4610 15,234 SF Retail - Now

4610

Size
15,234 SF
Space Use
Retail
Position
-
Available
Now

4610

Size 15,234 SF
Space Use Retail
Position -
Available Now

· ±15,234 SF of showroom, office space, and warehouse. · All space is heated and cooled and in excellent condition. · Ceiling height is ±28 FT through most of the space except for the offices · Warehouse has a shared loading dock with the Tenant next door. · Sprinkled, plenty of parking, pylon sign, and great visibility on Bragg Blvd · Near I-295, All-American FWY, and HWY 401 · Significant potential customer base of 139,326 residents within a 5—mile radius · High traffic count of 46,500 VPD at the intersection of Bragg Blvd and Pamalee Dr

Nearby Major Retailers

Logan's Roadhouse
Cracker Barrel Old Country Store
Waffle House
Brutal Fun Fitness
The Little Gym
Hooters
Outback Steakhouse
Red Lobster
Fazoli's
Cava

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0418-46-7944
  • 0418-46-5919
Land Assessment
£367,640
Improvements Assessment
£1,556,987
Total Assessment
£1,924,627
  • Listing ID: 31940720

  • Date on Market: 28/05/2024

  • Last Updated:

  • Address: 4610 Bragg Blvd, Fayetteville, NC 28303

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