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    OFF-MARKET
    Lifestyle centers

    1508 Clinton Rd, Fayetteville, NC 28312

    20,800 SF 1.88 ac lot Built 1968
    Property ID
    Property summary
    AI-generated overview

    This exceptional 20,800-square-foot shopping center in Fayetteville, North Carolina, presents a compelling investment opportunity. Located on a 1.88-acre lot at 1508 Clinton Rd, zip code 28312, this property boasts 435 feet of frontage along a high-traffic intersection, ensuring excellent visibility. Built in 1968 and extensively renovated in 2022, the center is zoned CC and features a large parking lot accommodating multiple businesses. Currently, the center generates a stable monthly income of $9,114.23 from three tenants: a church, a laundromat, and a tobacco shop. However, over 10,000 square feet of vacant space offers significant potential for redevelopment or repositioning to increase revenue and attract a diverse tenant mix. This property's prime location, substantial size, and recent renovations make it an ideal investment for those seeking a value-add opportunity in a thriving market. The property is offered at an asking price of $999,000 and operates under a NNN lease structure with single tenancy.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1968
    Total area 20,800 SF
    Lot 1.88 ac (81,893 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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