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5845 Yadkin Rd. , Fayetteville, NC, USA 1017116

Property Overview

Price/Rent PSF $ 1,295,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available Inquire
Date Available 01/15/2022
Additional URL Link
Building size 16560
Search Demographic Data LandCheck Explore financing options
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Description

Location
5845 Yadkin Rd. is located in the Southwest Fayetteville Submarket one and one-quarter miles (1.25 miles) from the nearest entrance to Fort Bragg. In addition to the surrounding subdivisions, Fort Bragg provides an excellent retail customer pool. Specifically, as the world's largest military installation in terms of population, Fort Bragg houses a staggering 53,700 active-duty troops and serves nearly 70,000 active-duty family members, 14,000+ civilian employees, and 6,000+ contractors. The property is also located one (1) mile from the All-American Freeway and two (2) miles from I-295, also known as the Fayetteville Outer Loop, providing the property convenient access to the major roads in and around Fayetteville. For more information, see the Executive Summary Demographics, Business Summary Demographics, and Subdivision Map enclosed below.

Sale
5845 Yadkin Rd. is 4-unit strip center measuring 16,560 sq. ft. located on 3.1-acres. The property is in “very good” condition. Because of the 3.1-acre lot size, there is more than enough vacant land (.92-acres) that could be used for building and/or parking lot expansion (84 spaces). Three (3) of the building units are currently occupied by long term (20 years, 20 years, and 15 years) retail tenants. The remaining recently vacant unit is a large office-flex space measuring 11,100 sq. ft. that is listed on the market for lease in conjunction with this sale listing. The lease agreements for Unit A and Unit B are triple-net (NNN) and each tenant pays one-forth of common area maintenance costs (CAM) to minimalize owner operating expenses. For additional information, see the Rent Roll enclosed below.



Zoned Community Commercial (CC), the property can accommodate a diverse range of medium to high intensity retail, service and office uses that serve the general community and region.

Location (Click here to view the location on the map.)
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

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