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Cape Fear Plaza is located at the busy intersection of Eastern Blvd (16,000 ADT) and Grove St (24,000 ADT) with excellent access from both roads. Downtown Fayetteville is only a few minutes from this property. Downtown has $100+ million in new development with the construction of a minor league baseball stadium, a condo project, a parking garage, and a hotel. Cape Fear Plaza is the largest shopping center that supports the downtown submarket.
The Cape Fear Plaza shopping center is a large community center anchored by numerous national tenants to include Food Lion, Roses Express, Rainbow, Show Show, CitiTrends, Dollar Tree, Pizza Hut, and many others. The center has great access from multiple streets and excellent visibility. The property benefits greatly from the 23,000+ residents in a three mile radius as well as a 47,000+ daytime population within three miles.