Fayetteville Office Building on
1995 Skibo Rd, Fayetteville, NC 28314
Two-story office building in Fayetteville's retail corridor.
Type:Office
Property size:
9,870 SFLot size:
0.55 AcresPrice / SF:
$243/SF- Added:
- Feb 28, 2024
- Days on Market:
- 831
- Last Refresh:
- May 12 at 8:36 pm
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 agent Patrick Murray, CCIM, SIOR License #NC 231098
Listing office Grant-Murray Real Estate
Listing date Feb 28, 2024
Source Crexi
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
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.
- Fully vacant second floor has been recently refurbished with fresh paint and updated flooring, allowing for immediate occupancy or lease‑up.
- Zoned CC, offering flexibility for future repositioning or redevelopment, especially when combined with adjacent parcels.
- Pylon signage on both Skibo Road and Cliffdale Road enhances exposure, with direct driveway access from Skibo Road.
Overview
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.
Local 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 Profile
Location Intelligence
Current Use by Public Records
On Q Financial l ...
Loan Service
First Command Financial ...
Financial Advisor
First Command Financial ...
Financial Advisor
First Command Financial ...
Financial Advisor
First Command Financial ...
Financial Advisor
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.9693524
- Latitude
- 35.0596427
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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.
