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    OFF-MARKET
    Lifestyle centers

    1508 Clinton Rd, Fayetteville, NC 28312

    20,800 SF Built 1968
    Property ID
    Property summary
    AI-generated overview

    Eastgate Shopping Center presents a unique investment opportunity in Fayetteville, NC. This 20,800 square foot shopping center, situated on a 1.88-acre lot, offers three available retail and flex spaces, ranging from 1,700 to 2,400 contiguous square feet. The property boasts a highly visible location at the intersection of Cedar Creek Road (Hwy 53) and Person Street/Clinton Road, providing excellent accessibility and high traffic volume. Its proximity to I-95, downtown Fayetteville, East Fayetteville, Fayetteville Regional Airport, and Fort Liberty Military Base ensures a large potential customer base. Recently renovated in 2022, the center features three suites, with a total of 5,870 square feet currently vacant. Specific suite sizes include a 1,700 square foot retail unit at 1516 Clinton Road, Suite A; a 2,400 square foot flex space at 1516 Clinton Road, Suite B; and a 1,770 square foot retail space at 1508 Clinton Road. The property was originally built in 1968 and is zoned CC. While located within a flood zone, its strategic location and accessibility make it an attractive option for a variety of businesses. This is an exceptional opportunity to establish a presence in a thriving Fayetteville market.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1968
    Total area 20,800 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Computer Shop Computer & Electronic Repair
    • St. Matthews Grand Lodge and O.E.S. Volunteer Organization Community Center
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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