Property profile

1508 Clinton Rd Fayetteville, NC 28312

OFF-MARKET
Lifestyle centers
20,800 SF 1.88 ac lot Built 1968
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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

Current use

Occupant on record · Public records
  • Computer & Electronic Repair
  • Volunteer Organization Community Center

Location

1508 Clinton Rd Fayetteville, NC 28312
Fayetteville metro
Google Maps

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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