Retail Shopping Center with High
For Sale
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3035 Boone Trail, Fayetteville, NC 28306
Boone Trail Center is a retail shopping center along a high-traffic retail corridor with convenient ingress and egress.
Property Size67,445 SF
Price / SF$135.83
Days on Market190
Property Features for 3035 Boone Trail
General Information
Standard status
Active
Size
67,445 SF
Property subtype
Retail
Occupancy
93%
Investment Type
Value Add
Net Operating Income
$690,176
Additional Details
Traffic Count
55,381 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
CP Partners
Listed By:
Joe Caccamo · License #CA 01191110
(415) 274-2700
Source:
Crexi
Added: Apr 13
Changed: Oct 16
Last Checked: Oct 19 at 6:03AM
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 CP Partners
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Investment Insights
Based on property information with market context.
Boone Trail Center is a retail shopping center positioned along the Boone Trail & Owen Drive retail corridor. The property benefits from strong vehicular traffic counts, with 55,381 VPD combined, and it provides convenient ingress and egress for customer access.
The center is located near established residential neighborhoods and national retailers. Its regional draw is supported by Fort Bragg, approximately 10 miles away, which contributes substantial economic activity and is associated with a nearby population of 265,104.
This offering presents a straightforward retail shopping center format on a busy commercial corridor, with access designed to support day-to-day operations and customer visits.
The center is located near established residential neighborhoods and national retailers. Its regional draw is supported by Fort Bragg, approximately 10 miles away, which contributes substantial economic activity and is associated with a nearby population of 265,104.
This offering presents a straightforward retail shopping center format on a busy commercial corridor, with access designed to support day-to-day operations and customer visits.
Key Highlights
- Retail shopping center on the Boone Trail & Owen Drive retail corridor
- High combined traffic counts of 55,381 VPD
- Convenient ingress and egress
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$762,277
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,245,540
$15.2M
Cap Rate 7%
$10,889,671
$10.9M
Cap Rate 9%
$8,469,744
$8.5M
Market Conditions
NOI Build-Up for 67,445 SF
Gross rent
$1.21M $18.00/SF
− Vacancy
−$125.0K −$1.85/SF
EGI
$1.09M $16.15/SF
− OpEx
−$326.7K −$4.84/SF
NOI
$762.3K $11.30/SF
Area
Fayetteville, NC
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,245,540
Cap Rate 7%
$10,889,671
Cap Rate 9%
$8,469,744
Alternative Uses
Best Use
Retail
$10.89M
$9.53M – $12.70M
NOI $762,277 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.78M
$12.93M – $17.24M
NOI $1,034,660 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
55,381 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,550
Businesses Nearby
85k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 40%
Hotels & Casinos 16%
Beauty & Spa 2%
Circle K
Shops & Services
20,024 visits/mo
0.2 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
14,686 visits/mo
0.1 miles
Holiday Inn Fayetteville-Bordeaux
Hotels & Casinos
11,943 visits/mo
0.1 miles
Jersey Mike's Subs
Dining
7,566 visits/mo
0.0 miles
Bank of America
Shops & Services
7,499 visits/mo
0.2 miles
Demographics for 28306, NC
44,615
Population
17,723
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
69.7 sq mi
ZIP Area
640
Density / Sq Mi
$63,175
Median Household Income
$40,258
Median Earnings
$1,115
Median Rent
$218,900
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Bordeaux Center Inc. — 1740 Owen Dr, Fayetteville, NC 28304
- THE SHOPS AT BOONE TRAIL CENTER — Boone Trail Exd, Fayetteville, NC 28306
- Ray Rentals — 3217 friendly rd, fayetteville, nc 28304
Frequently Asked Questions
What type of property is this?
Shopping center - Boone Trail Center is a retail shopping center along a high-traffic retail corridor with convenient ingress and egress.
Where is this shopping center located?
The property is located at 3035 Boone Trail Fayetteville, NC.
What is the asking price?
The asking price for this property is $9,161,000.
What are key features of this property?
This property features: Retail shopping center on the Boone Trail & Owen Drive retail corridor; High combined traffic counts of 55,381 VPD; Convenient ingress and egress
