For Sale
$4,136,000

951-973 Strickland Bridge Rd Fayetteville, NC 28314

Retail Shopping Center, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 14,164 square foot shopping center in Fayetteville, North Carolina, presents a compelling investment opportunity. Priced at $4,136,000, it boasts a strong 6.65% cap rate. Built in 2019, the property is in excellent condition and enjoys 100% occupancy with long-term leases extending beyond 2030, ensuring consistent cash flow. The diverse tenant mix includes Anytime Fitness, Vape City, Luxe Nail Spa & Lashes, China 1 Restaurant, and Exclusive Hair Designs. This center benefits from a prime location shadow-anchored by a Walmart Neighborhood Market and Starbucks, driving significant foot traffic. Its proximity to Seventy-First High School (+1,360 students) and Seventy-First Classical Middle School (+430 students) further enhances its appeal. The area also features a dense population of over 152,000 within a 5-mile radius, and is conveniently located near major retailers such as McDonald's, Target, Home Depot, Aldi, Food Lion, Walgreens, and CVS. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a thriving market. The property is situated at 951-973 Strickland Bridge Rd, Fayetteville, NC 28314.

Highlights

  • No lease expirations before 2030.
  • 100% occupancy with long-term leases.
  • Shadow-anchored by Walmart Neighborhood Market and Starbucks.
  • Built in 2019, excellent condition.
  • Diverse tenant mix including Anytime Fitness, Vape City, Luxe Nail Spa & Lashes, China 1 Restaurant, and Exclusive Hair Designs.
  • Proximity to major retailers including McDonald's, Target, Home Depot, Aldi, Food Lion, Walgreens, and CVS.

Property Details for 951-973 Strickland Bridge Rd

Property type
Lifestyle centers, Power centers
Square Feet
14,164 SF
Year Built
2019

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0409389
Longitude
-79.0008901

FAQs

What type of property is this?
Lifestyle center - Retail Shopping Center, High Occupancy
Where is the lifestyle center located?
The property is located at 951-973 Strickland Bridge Rd Fayetteville, NC.
What is the asking price?
The asking price for this property is $4,136,000.
What are key features of this property?
This property features: No lease expirations before 2030.; 100% occupancy with long-term leases.; Shadow-anchored by Walmart Neighborhood Market and Starbucks.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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951-973 Strickland Bridge Rd
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