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670 SW Broad St

15,888 SF 100% Leased Office Building Southern Pines, NC 28387 $2,290,000 ($144/SF) 5.45% Cap Rate

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Investment Highlights

Investment Opportunity

Fully Leased

Executive Summary

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%.

CSG Marketing Doc 670 SW Broad St-compressed