Southwind Plaza
1165 N. Bragg Blvd. Fayetteville NC 28390
- Available SF120,000
- Price$9,000,000
- Price/SF $75.00
Value add investment opportunity with Compare Foods and CVS anchored neighborhood shopping center located in Fayetteville, NC. The property is located just minutes from Fort Bragg, the largest military base with a population of 50,000+ active duty personnel. The center offers ample parking, a new roof, updated paint, and exterior lighting all installed in 2019. Additionally, the property contains excellent access and a competitive lease rate. With multiple new tenants, the vacancy rate has dropped from 31% to 13% in the last six months. Cap rate is currently at 7.09%.
Broker:
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Will Blackwell, SIOR
Email
Details
Property Information
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Property Type
Investment, Retail
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Roof
Rubber Membrane, installed in 2018
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Available SF
120,000
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Parking
Parking Specs
Ample parking available on site
Tax Information
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Zoning
CP
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Tax PIN
0502-40-8909
Pricing & Terms
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Price
$9,000,000
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Price/SF
$75.00
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Cap Rate (Actual)
7.09%
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Comments
Value add investment opportunity with Compare Foods and CVS anchored neighborhood shopping center located in Fayetteville, NC. The property is located just minutes from Fort Bragg, the largest military base with a population of 50,000+ active duty personnel.