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    342 Eastern Blvd Fayetteville, NC 28301

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Fayetteville Retail, 2 Spaces Available

    Lot size:
    115,842 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 342 N Eastern Blvd, Fayetteville, NC 28301, within the thriving East Fayetteville/Downtown submarket of Cumberland County. Cape Fear Plaza, a 115,842 square foot shopping center built in 1985 and renovated in 2013, offers two available spaces, each a minimum of 1,050 square feet, with a total of 2,100 square feet currently vacant. The property sits on an 8.87-acre lot and is zoned CC. This well-established center boasts a strong tenant mix including national brands such as Food Lion, Roses Express, Rainbow, Shoe Show, CitiTrends, Dollar Tree, and Pizza Hut, ensuring high foot traffic and visibility. Its strategic location provides excellent access from multiple streets, benefiting from a substantial population base: over 23,000 residents and 49,000+ daytime workers within a three-mile radius. This presents a unique chance to establish or expand your business in a high-demand retail location with proven success. The property's size and established presence make it an ideal investment for businesses seeking a prominent position in a bustling Fayetteville community.

    Property Features for 342 Eastern Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    115,842 SF
    Total Rate
    115842

    Building Details

    Year Built/Renovated
    1985/2013

    Unit(s) available at that property

    Space
    330-9A
    Size
    1,050 SF
    Rate per SF
    $12
    Space
    330-9B
    Size
    1,050 SF
    Rate per SF
    $12

    HighLights

    • Flexible suite sizes from 1,050 square feet.
    • Strong tenant mix including Food Lion, Roses Express, and national retailers.
    • Convenient access from Grove Street and Eastern Boulevard.
    • Excellent location near Downtown Fayetteville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Young's Beauty Supply Beauty Supply Store Roses Stores Department Store Food Lion Grocery Store Shoe Show Mega ... Shoe Store Western Union Money Transfer Service

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.86304064
    Latitude
    35.05062308

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    FAQs

    What type of property is this?
    Retail property - Prime Fayetteville Retail, 2 Spaces Available
    Where is this retail property located?
    The property is located at 342 Eastern Blvd Fayetteville, NC.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Flexible suite sizes from 1,050 square feet.; Strong tenant mix including Food Lion, Roses Express, and national retailers.; Convenient access from Grove Street and Eastern Boulevard.
    Request Owner's contact information
    342 Eastern Blvd Fayetteville, NC 28301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    342 Eastern Blvd Fayetteville, NC 28301
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