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QSR/Restaurant Opportunity 211 Murchison Rd

2,614 SF Retail Building Spring Lake, NC 28390 $825,000 ($316/SF)

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.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Retail
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
Land Acres
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

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,000-3,440 SF
  • Retail
  • End Cap
  • Jun 2025

This proposed redevelopment of the existing Subway location at 211 Murchison Rd in Spring Lake will feature a 5,160 SF building with one drive-thru capable endcap and up to 3,440 available SF. A restaurant user would be a preferred tenant use for this space, no tobacco/vape/CBD. The proposed building is 86' deep and 60' wide with 72 parking spaces. Landlord will also consider a single-tenant build to suit or ground lease.

Space Size Space Use Position Available
1st Floor 1,000-3,440 SF Retail End Cap Jun 2025

1st Floor

Size
1,000-3,440 SF
Space Use
Retail
Position
End Cap
Available
Jun 2025

1st Floor

Size 1,000-3,440 SF
Space Use Retail
Position End Cap
Available Jun 2025

This proposed redevelopment of the existing Subway location at 211 Murchison Rd in Spring Lake will feature a 5,160 SF building with one drive-thru capable endcap and up to 3,440 available SF. A restaurant user would be a preferred tenant use for this space, no tobacco/vape/CBD. The proposed building is 86' deep and 60' wide with 72 parking spaces. Landlord will also consider a single-tenant build to suit or ground lease.

Nearby Major Retailers

7 Brew Coffee
Ruby Tuesday
Checkers
PNC Bank
Cook Out
Rent-a-center
Muscle Maker Grill
Sarku Japan
Bar Louie
Boston Market
  • Listing ID: 34111399

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 211 Murchison Rd, Spring Lake, NC 28390

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