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342 Eastern Blvd Fayetteville, NC 28301

OFF-MARKET Retail properties & Spaces Google Maps
115,842 SF Built 1985
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1985
Total area 115,842 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Department Store
  • Grocery & Convenience Store Food Market
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Bank Credit Union

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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