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Southwind Plaza

1165 N. Bragg Blvd. Fayetteville NC 28390

  • Available SF
    120,000
  • Price
    $9,000,000
  • Price/SF
    $75.00
  • Acres
    14.3

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%.

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Details

Property Information

  • Property Type
    Investment, Retail
  • Acres
    14.30
  • Roof
    Rubber Membrane, installed in 2018
  • Available SF
    120,000
  • Parking
    Parking Specs
    Ample parking available on site

Tax Information

  • Zoning
    CP
  • Tax PIN
    0502-40-8909

Pricing & Terms

  • Price
    $9,000,000
  • Price/SF
    $75.00
  • Cap Rate (Actual)
    7.09%
  • 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.

Property Documents

Aerial Map