Hall & Nixon Real Estate, Inc
Erin Nixon & Phyllis Team, Hall & Nixon Real Estate, IncPhone: (252) 435-5043
Email: [email protected]
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listing
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CommercialFor Sale
$2,290,000
670 SW Broad Street
Southern Pines, NC 28387
Listed by: Carolina Summit Group, LLC, (910) 690-1065
MLS: North Carolina Regional
15,888Sq Ft
Est. Mortgage
$11,921/mo

Investment Opportunity: Prime commercial real estate in highly sought-after Downtown Southern Pines, covering 673-685 S Bennett St and 660-670 SW Broad St. This fully leased property boasts approximately 15,888 +/- SF of premium space with Broad Street frontage and off-street parking via Bennett St. Located minutes from US Hwy 1 for easy access to surrounding areas, this investment offers a diverse and stable income stream with tenants like ARC of Moore County, Special Forces Charitable Trust, Far Ridgeline, Elaine's Salon, and Twelve Million Plus powered by Instant Teams. The property generates a Net Operating Income (NOI) of $124,730 and a cap rate of 5.5%.

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Information courtesy of Carolina Summit Group, LLC is subject to verification and is not guaranteed.
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