1508 Clinton Rd, Fayetteville, NC 28312
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.
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Computer Shop Computer & Electronic Repair
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St. Matthews Grand Lodge and O.E.S. Volunteer Organization Community Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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