1506-1524 Clinton Rd - Freestanding FOR SALE


Fayetteville, NC 28312- Cape Fear
$999,000 USD
910-818-3252
1506-1524 Clinton Rd, Fayetteville, NC for Sale
$999,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

1506-1524 Clinton Rd
Fayetteville, NC 28312
Cape Fear


OVERVIEW

1506 Clinton Rd offers a 20,800± SF retail strip center on a 1.88-acre lot, presenting a compelling value-add opportunity for investors or developers. With over 10,000 SF of vacant space available, the property provides substantial potential for repositioning or redevelopment to attract a diverse tenant mix. The center currently hosts three tenants, generating reliable monthly rental income: a church ($5,273.33), a laundromat ($2,340.90), and a tobacco shop ($1,500). Designed for versatility, the expansive structure sits on a horizontal layout, with 435 feet of frontage along Clinton Rd. A spacious parking lot complements the retail center, offering ample capacity for both current and future tenants. Explore the Eastgate Shopping Center in Fayetteville, NC, a bustling retail hub with high foot traffic and excellent visibility. Located at the intersection of HWY 53 and Clinton Road, the area attracts a steady flow of shoppers. With strong community support and a favorable demographic profile, it's an ideal location for retail and strip center tenants to thrive.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eastgate Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

CC

APN/PARCEL ID

0447-41-7282

ASK ABOUT THIS PROPERTY

Neil GrantGrant-Murray Real Estate LLCMore Info
910-818-3252

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Neil GrantGrant-Murray Real Estate LLCMore Info
910-818-3252

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.