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Summerhill Plaza - IMPROVED PRICE 5 Retail Properties Offered at $6,061,469 CAD in Fayetteville, NC
Investment Highlights
- Prime location on Yadkin Road with 18,500 VPD exposure
- 16 tenants with historical occupancy near 100%
- Surrounded by national brands and high-traffic retail corridor
- ±9.15-acre site with generous parking and multiple access points
- Current rents significantly below market, offering upside potential
Executive Summary
This property is comprised of ±42,255 SF of retail space, plus an additional ±3.8-acre vacant commercial tract. With 16-tenants, this property serves as a stable income producing asset while offering significant value-add potential through the development of the vacant tract. The CAP Rate is 9.09 %. Gross Annual Revenues of $471,527.52 (or 11.16/ SF Gross Rent). The property has great visibility and access. Historical occupancy rates are close to 100% and many tenants have been there for decades.
The property boasts excellent visibility and access, enhanced by multiple curb cuts, generous parking, and prominent pole signage. Site improvements include asphalt paving, concrete walkways, and professional landscaping, ensuring a well-maintained environment for tenants and customers alike. Located near major thoroughfares such as All American Freeway and Santa Fe Road, the center benefits from traffic counts exceeding 18,500 VPD on Yadkin Road and 53,500 VPD nearby, driving consistent consumer activity. Surrounding national retailers and quick-service restaurants further amplify the location’s appeal.
The property boasts excellent visibility and access, enhanced by multiple curb cuts, generous parking, and prominent pole signage. Site improvements include asphalt paving, concrete walkways, and professional landscaping, ensuring a well-maintained environment for tenants and customers alike. Located near major thoroughfares such as All American Freeway and Santa Fe Road, the center benefits from traffic counts exceeding 18,500 VPD on Yadkin Road and 53,500 VPD nearby, driving consistent consumer activity. Surrounding national retailers and quick-service restaurants further amplify the location’s appeal.
Property Facts
| Price | $6,061,469 CAD | Number of Properties | 5 |
| Price / SF | $171.68 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 35,307 SF |
| Status | Active | Total Land Area | 88.85 AC |
| Price | $6,061,469 CAD |
| Price / SF | $171.68 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 35,307 SF |
| Total Land Area | 88.85 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Summmer Hill Plaza
6105-6113 Yadkin Rd, Fayetteville, NC 28303 |
Retail | 15,646 SF | 1973 | - |
| 6207 Yadkin Rd, Fayetteville, NC 28303 | Retail | 9,040 SF | 1996 | - |
| 6243 Yadkin Rd, Fayetteville, NC 28303 | Retail | 7,895 SF | 1973 | - |
| 6269 Yadkin Rd, Fayetteville, NC 28303 | Retail | 1,464 SF | 1973 | - |
| 6217 Yadkin Rd, Fayetteville, NC 28303 | Retail | 1,262 SF | 1973 | - |
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Summerhill Plaza - IMPROVED PRICE
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