Summerhill Plaza
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Summerhill Plaza
4 Retail Properties Offered at $4,950,000 in Fayetteville, NC
Executive Summary
This property is comprised of ±42,255 SF of retail space with ±3.8 acres of excess commercial land for development. There are a total of 16 tenants, mostly on short term leases. The current gross revenue is $35,494.50 per month or $425,934.00 per year. This equates to $10.08/SF on a gross lease basis which is considered to be well below market levels. The property has great visibility and access. Historical occupancy rates are close to 100% and many tenants have been there for decades. Site improvements include asphalt paving, concrete walks, fencing, pole signage, landscaping, numerous curb cuts, and generous parking. Public u.li.es. Total acreage is ±7.48. Property has not been surveyed and land sizes have been estimated.
Property Facts
| Price | $4,950,000 | Number of Properties | 4 |
| Price / SF | $146.26 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 33,843 SF |
| Status | Active | Total Land Area | 45.11 AC |
| Price | $4,950,000 |
| Price / SF | $146.26 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 33,843 SF |
| Total Land Area | 45.11 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6217 Yadkin Rd, Fayetteville, NC 28303 | Retail | 1,262 SF | 1973 | - |
| 6207 Yadkin Rd, Fayetteville, NC 28303 | Retail | 9,040 SF | 1996 | - |
| 6243 Yadkin Rd, Fayetteville, NC 28303 | Retail | 7,895 SF | - | - |
|
Summmer Hill Plaza
6105-6113 Yadkin Rd, Fayetteville, NC 28303 |
Retail | 15,646 SF | - | - |
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Summerhill Plaza
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