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Pamalee Plaza - Fayetteville, NC 3421 Murchison Rd 39,846 SF 100% Leased Retail Building Fayetteville, NC 28311 $3,550,000 ($89.09/SF) 7.17% Cap Rate
Investment Highlights
- Pamalee Plaza is a freestanding retail asset located at 3421 Murchison Road in Fayetteville, North Carolina. The property sits along Murchison Road.
- The site benefits from its proximity to established residential neighborhoods, national retailers, and key area employers.
- This well-located multi-tenant retail property is 100% occupied and presents an attractive value-add opportunity.
- Pamalee Plaza is strategically positioned near major thoroughfares, offering convenient connectivity to downtown Fayetteville, Interstate 295.
- This well-located multi-tenant retail property is 100% occupied and presents an attractive value-add opportunity.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the Pamalee Plaza in Fayetteville, NC. Situated in Cumberland County, this well-located multi-tenant retail property is 100% occupied and presents an attractive value-add opportunity, with all lease terms currently below market. Built in 1984, the property offers 39,846 SF of rentable space on a 4.9-acre lot, zoned CC.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
39,846 SF
Year Built
1984
Price
$3,550,000
Price Per SF
$89.09
Cap Rate
7.17%
NOI
$254,644
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
4.93 AC
Zoning
CC - Community Commercial
Frontage
123’ on Murchison Road
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Agap Achievement Academy
- Educational Services
- 11,000 SF
- -
- May 2030
- Beauty Salon 2
- Services
- 1,478 SF
- -
- Jan 2029
- Black Friday Liquidators Furniture
- Services
- 19,000 SF
- -
- Nov 2029
- Hair Joy Beauty Supply
- Services
- 7,951 SF
- -
- Aug 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Agap Achievement Academy | Educational Services | 11,000 SF | - | May 2030 | ||
| Beauty Salon 2 | Services | 1,478 SF | - | Jan 2029 | ||
| Black Friday Liquidators Furniture | Services | 19,000 SF | - | Nov 2029 | ||
| Hair Joy Beauty Supply | Services | 7,951 SF | - | Aug 2030 |
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Pamalee Plaza - Fayetteville, NC | 3421 Murchison Rd
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