1295 Old Us 1 Highway, Southern Pines, NC 28387
sale
$1,920,000
|
Other
Courtesy Of Carolina Summit Group, LLC
Offered for sale, this well-maintained multi-tenant commercial property along Old US 1 Hwy includes three buildings totaling +/- 14,003 SF: a 2,008 SF two-story office at 1275-1285, an 8,985 SF two-story office at 1295, and a 3,010 SF single-story storage building at 1297. The asset is fully leased with primarily NNN leases, providing stable income. Current Cap Rate 7.97%. The site offers 44 parking spaces and is zoned GB (General Business) within an Urban Village Highway Corridor, with portions located in the city limits and the remainder in the ETJ.
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Property Features
- Age: Over 50 Years Old
- Heating System: Electric (Heating)
- Legal Description: DUNN LOT 1 2 6
- MLSID: 100598048
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