670 Lillington HwySpring Lake, NC 28390

  • Other commercial real estate
  • 185,162 SF
For Lease

Property Details for 670 Lillington Hwy

Year built
2003
Lot size
22.13 AC
Property size (Sq ft)
185,162 SF
Zone code
CP
Property type
Other commercial real estate
APN
0501-98-9296
APU
501989296

Description

Spring Lake Town Center, located at 670 Lillington Hwy in Spring Lake, NC (28390), offers exceptional retail investment opportunities. This 29,841 square foot community center, built in 2004, boasts a strategic location in a high-traffic area with an average daily traffic count of 21,650 vehicles. The center benefits from a signalized entrance off Lillington Highway, ensuring easy access for customers traveling in both directions. Currently, there are 1,402 square feet of vacant space available, with additional spaces ranging from 1,402 to 2,813 square feet. The property includes 158 parking spaces for ample customer convenience. Its proximity to Fort Bragg provides a strong consumer base drawn from the military population, as well as the surrounding communities of Fayetteville and Spring Lake. Strong co-tenancy is a key feature, with established businesses such as Dollar Tree, Cato, AT&T Wireless, GameStop, and Pizza Hut already in place. This Walmart Supercenter shadow center presents a compelling opportunity for businesses seeking high visibility and a robust customer base in a thriving North Carolina market. The property is situated in Cumberland County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $53,173,512
    Hospitality
    $48,706,652
    Educational
    $40,523,360
    Medical
    $41,917,024
    Retail
    $63,036,340
670 Lillington Hwy, Spring Lake, North Carolina

Location Insight

City
Spring Lake
County
Cumberland
State
North Carolina
Latitude
35.174
Longitude
-78.9665
CBSA code
22180
CBSA name
FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$174,078
$1,057,916
$11,116,930
$12,174,846
-
$1,057,916
$11,116,930
$12,174,846

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