Storefront Retail
3069 Cumberland Rd, Fayetteville, NC 28306
For Sale
Contact for pricing
Multi-tenant center with customer parking and a remaining suite suited to retail, office, and personal-service uses.
Property Size8,645 SF
Days on Market54
Property Features for 3069 Cumberland Rd
General Information
Standard status
Size
Property subtype
Lease Term
Building Details
Building Size
Year Built
Tenancy
Properties For Sale
at 3069 Cumberland Rd Contact usSuite 104
Size
1,350 SF
Term
Negotiable
Suite 105
Size
1,350 SF
Term
Negotiable
Listing Agency:
GRANT-MURRAY REAL ESTATE LLC.
Listed By:
Susan Evans · License NC #93980
(919) 920-2140
Source:
Grantmurrayre
Added: Sep 22
Changed: Nov 8
Last Checked: Nov 12 at 5:42AM
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 LLC.
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Investment Insights
Based on property information with market context.
SouthStar Centre is a multi-tenant retail property with one available suite, Suite 104, measuring approximately 1,300 SF. The space offers storefront exposure, convenient customer access, and on-site parking. The property supports a range of stated uses, including retail, professional office, personal service, specialty business, small office, home health care, and salon operations.
Located at 3069 Cumberland Road in Fayetteville, the center provides access to Cumberland Road and is near Owen Drive. The property was built in 1998 and offers a remaining commercial suite within an established multi-tenant setting.
Located at 3069 Cumberland Road in Fayetteville, the center provides access to Cumberland Road and is near Owen Drive. The property was built in 1998 and offers a remaining commercial suite within an established multi-tenant setting.
Key Highlights
- Suite 104 offers approximately 1,300 SF
- One vacant unit remains at SouthStar Centre
- Storefront exposure along Cumberland Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,708
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,954,160
$2.0M
Cap Rate 7%
$1,395,829
$1.4M
Cap Rate 9%
$1,085,644
$1.1M
Market Conditions
NOI Build-Up for 8,645 SF
Gross rent
$155.6K $18.00/SF
− Vacancy
−$16.0K −$1.85/SF
EGI
$139.6K $16.15/SF
− OpEx
−$41.9K −$4.84/SF
NOI
$97.7K $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%
$1,954,160
Cap Rate 7%
$1,395,829
Cap Rate 9%
$1,085,644
Alternative Uses
Best Use
Retail
$1.40M
$1.22M – $1.63M
NOI $97,708 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,621 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Advance Auto Parts
Shops & Services
2,721 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
1,564 visits/mo
0.4 miles
Extra Space Storage
Shops & Services
1,413 visits/mo
0.3 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
$218,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Fayetteville, NC
Properties on Market for Retail space in Fayetteville
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant center with customer parking and a remaining suite suited to retail, office, and personal-service uses.
Where is this retail space located?
The property is located at 3069 Cumberland Rd Fayetteville, NC.
What are key features of this property?
This property features: Suite 104 offers approximately 1,300 SF; One vacant unit remains at SouthStar Centre; Storefront exposure along Cumberland Road
