Summerhill Plaza Retail FOR SALE


Fayetteville, NC - Westover
$4,950,000 USD
910-527-3177
, Fayetteville, NC for Sale
$4,950,000 USD
Retail - FOR SALE
1/25
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Summerhill Plaza
Fayetteville, NC
Westover


HIGHLIGHTS

  • Prime location on Yadkin Road with 18,500 VPD exposure
  • ±9.15-acre site with generous parking and multiple access points
  • 16 tenants with historical occupancy near 100%
  • Current rents significantly below market, offering upside potential
  • Surrounded by national brands and high-traffic retail corridor

OVERVIEW

Positioned along the high-traffic Yadkin Road corridor, this ±9.15-acre retail property offers an exceptional investment opportunity in Fayetteville’s thriving commercial district. The asset features ±42,255 square feet of retail space across multiple buildings, supported by strong historical occupancy and a diverse tenant mix. With 16 tenants primarily on short-term leases, investors can capitalize on immediate cash flow while unlocking significant upside through lease restructuring and rent adjustments. Current gross rents average $10.08 per square foot—well below prevailing market rates—creating a clear path for revenue growth. 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. Fayetteville’s robust economic base, anchored by Fort Liberty and a growing population, supports strong retail demand and long-term stability. This property represents a rare chance to acquire a high-performing retail asset with proven occupancy, strategic positioning, and substantial value-add potential.

ASK ABOUT THIS PROPERTY

Michael PaschalFranklin Johnson Commercial Real EstateMore Info
910-527-3177

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Michael PaschalFranklin Johnson Commercial Real EstateMore Info
910-527-3177

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