10795 S US Highway 15 501

Murray Hill Place is a 11,414 SF essential service retail property featuring a tenant roster of nationally recognized brands like Freddy’s Frozen Custard and Steakburgers, Chipotle, The Vitamin Shoppe, and Sleep Number, all backed by strong corporate or franchisee guarantees. Located in an affluent area with a population of 36,000 and average household incomes over $104,000, the site is strategically positioned along HWY 15-501, the regions primary retail corridor. Tenants benefit from long-term leases with 10% rent increases every five years, ensuring embedded rent growth. The property also benefits from its proximity to key regional economic drivers like Pinehurst Resort, the future USGA headquarters, and Fort Bragg. Freddy's has committed with a 20-year ground lease, further securing steady income.