951-973 Strickland Bridge rd | Fayetteville, NC 28304
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
951-973 Strickland Bridge rd
Fayetteville, NC 28304
Retail Property For Sale
Investment Highlights
- Long Term Leases: No lease expirations before 2030.
- Newer Construction: Building was built in 2020 and has been kept in superb condition.
- Nearby Major Retailers: McDonalds, Target, Home Depot, Aldi, Food Lion, Walgreens, CVS… etc.
- Occupancy: 100% Tenant Occupancy, all with long terms leases in place.
- Diverse Tenant Mix: Anytime Fitness, Vape City, Luxe Nail Spa & Lashes, China 1 Restaurant, Exclusive Hair Designs.
- Large Service Pool: The property is located directly next door to Seventy- First Highschool which has +1,360 students.
Executive Summary
Long term leases with no lease expirations before 2030. Huge drivers of foot traffic. The property is shadow anchored by Walmart neighborhood market and Starbucks (top 75% Nationally per Alpha Maps). Newer construction. Building was built in 2020 and has been kept in superb condition. Diverse tenant mix; Anytime Fitness, Vape City, Luxe Nail Spa & Lashes, China 1 Restaurant, Exclusive Hair Designs. Nearby major retailers; McDonalds, Target, Home Depot, Aldi Food Lion, Walgreens, CVS...etc. The property is located directly next door to Seventy-First High School which has +1,360 students and Seventy-First Classical Middle School which has +430 students. Dense Population Demos: +152,000 in a 5-mile radius.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
14,164 SF
Building Class
B
Year Built
2019
Price
$4,136,000
Price Per SF
$292
Cap Rate
6.65%
NOI
$275,044
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
2.66 AC
Zoning
C - General Commercial
Parking
75 Spaces
Frontage
285 FT on Strickland Bridge Rd
PROPERTY TAXES
| Parcel Number | 9496-99-7884 | Improvements Assessment | $1,231,328 |
| Land Assessment | $336,338 | Total Assessment | $1,567,666 |
PROPERTY TAXES
Parcel Number
9496-99-7884
Land Assessment
$336,338
Improvements Assessment
$1,231,328
Total Assessment
$1,567,666
Learn More About Investing in Retail Properties
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
