Fayetteville Office Building on
1995 Skibo Rd Fayetteville, NC 28314
For Sale
Contact for pricing
Two-story office building in Fayetteville's retail corridor.
Property Size9,870 SF
Lot Size0.55 Acres
Price / SF$243.16
Days on Market877
Property Features for 1995 Skibo Rd
General Information
- Standard status
- Active
- Size
- 9,870 SF
- Lot size
- 0.55 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing Agency:
Grant-Murray Real Estate
Listed By:
Patrick Murray, CCIM, SIOR · License #NC 231098
Source:
Crexi
Added: Feb 28, 2024
Changed: Jul 6
Last Checked: Jul 23 at 6:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grant-Murray Real Estate
Investment Insights
Based on property information with market context.
Located at the signalized intersection of Skibo Road and Cliffdale Road, this two-story office building offers a compelling opportunity for investors or developers. The property, situated on 0.55 acres and zoned CC, is located within one of Fayetteville’s most active commercial corridors, benefiting from high daily traffic volumes. The surrounding area serves as the primary retail destination for a trade area exceeding 400,000 consumers and includes major anchors such as Cross Creek Mall and Freedom Town Center. The All American Freeway gates to Fort Liberty are just minutes away, supporting consistent daytime traffic and workforce demand. The 9,800+ square foot building features a professional, efficient layout with reception area, multiple private offices, break room, networking room, and private restrooms, all served by a common lobby with elevator access. The first floor is leased through 02/2020 at $99,614 annually (+NNN), providing in-place income, while the fully vacant second floor has been recently refurbished with fresh paint and updated flooring, allowing for immediate occupancy or lease-up. Pylon signage on both Skibo Road and Cliffdale Road enhances exposure, with direct driveway access from Skibo Road. Within a three-mile radius, the property draws from 73,963 residents with an average household income of $70,062. The short remaining lease term supports flexibility for future repositioning or redevelopment, particularly when combined with adjacent parcels to expand the site’s footprint.
Key Highlights
- Located in a high‑traffic commercial corridor at the signalized intersection of Skibo Road and Cliffdale Road, with a combined daily traffic count exceeding 71,500 vehicles.
- 9,800+ square foot, two‑story office building on 0.55 acres in Fayetteville's dominant retail corridor.
- First floor is leased through 02/2026 at $99,614 annually (+NNN), providing in‑place income.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $201.3k | $20.40 |
| − Vacancy | −$40.5k | −$4.10 |
| EGI | $160.9k | $16.30 |
| − OpEx | −$40.2k | −$4.07 |
| NOI | $120.7k | $12.22 |
9,870 SF · lease $20.40/SF/yr · vacancy 20.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.72M
$1.51M – $2.01M
NOI $120,658 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,414 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
On Q Financial l ...
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First Command Financial ...
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FAQs
What type of property is this?
Office building - Two-story office building in Fayetteville's retail corridor.
Where is this office building located?
The property is located at 1995 Skibo Rd Fayetteville, NC.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Located in a high‑traffic commercial corridor at the signalized intersection of Skibo Road and Cliffdale Road, with a combined daily traffic count exceeding 71,500 vehicles.; **9,800+ square foot, two‑story office building on 0.55 acres** in Fayetteville's dominant retail corridor.; First floor is leased through 02/2026 at $99,614 annually (+NNN), providing in‑place income.
