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QSR/Restaurant Opportunity | 211 Murchison Rd
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QSR/Restaurant Opportunity 211 Murchison Rd
2,614 SF Retail Building Spring Lake, NC 28390 $825,000 ($316/SF)
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INVESTMENT HIGHLIGHTS
- 2,614 SF restaurant building with drive-thru.
- Large parking lot with 62 spaces.
- High traffic count of 65,500 vehicles daily.
- Zoned C3, spanning 1.12 acres.
- Pylon signage with excellent visibility.
- Proximity to 69,047 daytime population.
EXECUTIVE SUMMARY
This versatile 2,614-square-foot restaurant property at 211 Murchison Road in Spring Lake, NC, offers an exceptional opportunity for redevelopment or continued use as a quick-service restaurant. Currently operated as a Subway, the building will be sold vacant, providing flexibility for new owners or tenants. Zoned C3 and spanning 1.12 acres, the property features a large parking lot with 62 spaces and a convenient drive-thru, catering to high-traffic business models. A prominent pylon sign ensures excellent roadside visibility, while the property’s strategic layout supports a seamless customer experience. With a traffic count of 65,500 vehicles daily, the site boasts unmatched exposure to a consistent flow of potential customers.
Positioned in the dynamic Spring Lake area, the property benefits from its proximity to a growing residential and daytime population of 69,047 within a 5-mile radius. The surrounding area features a mix of commercial, retail, and residential developments, creating a robust consumer base with an average household income of $69,679. Nearby amenities include schools, healthcare facilities, and retail centers, making this a practical and convenient location for customers and employees alike. Accessibility is further enhanced by well-connected roadways, ensuring the property is easily reachable for both locals and commuters.
Positioned in the dynamic Spring Lake area, the property benefits from its proximity to a growing residential and daytime population of 69,047 within a 5-mile radius. The surrounding area features a mix of commercial, retail, and residential developments, creating a robust consumer base with an average household income of $69,679. Nearby amenities include schools, healthcare facilities, and retail centers, making this a practical and convenient location for customers and employees alike. Accessibility is further enhanced by well-connected roadways, ensuring the property is easily reachable for both locals and commuters.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Taxes |
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Operating Expenses |
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Total Expenses |
$99,999
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$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
Taxes | |
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Annual | - |
Annual Per SF | - |
Operating Expenses | |
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Annual | - |
Annual Per SF | - |
Total Expenses | |
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Annual | $99,999 |
Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,614 SF
Building Class
B
Year Built
1981
Price
$825,000
Price Per SF
$316
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.11 AC
Zoning
C3 - C3
Parking
62 Spaces (23.72 Spaces per 1,000 SF Leased)
Frontage
169 FT on Murchison Road
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 0501-83-7491 | Improvements Assessment | $260,050 |
Land Assessment | $71,728 | Total Assessment | $331,778 |
PROPERTY TAXES
Parcel Number
0501-83-7491
Land Assessment
$71,728
Improvements Assessment
$260,050
Total Assessment
$331,778
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QSR/Restaurant Opportunity | 211 Murchison Rd
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