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Pamalee Plaza - Fayetteville, NC 3421 Murchison Rd 39,846 SF 100% Leased Retail Building Fayetteville, NC 28311 $3,300,000 ($82.82/SF) 7.28% Cap Rate
Investment Highlights
- The property sits along Murchison Road, a major commercial corridor providing strong visibility, easy access, and consistent traffic flow.
- The site benefits from its proximity to established residential neighborhoods, national retailers, and key area employers.
- The property, located in Cumberland County, is a multi-tenant retail building with 4 tenants, 100% occupancy, and all leases currently below market.
- Pamalee Plaza is strategically positioned near major thoroughfares, offering convenient connectivity to downtown Fayetteville, Interstate 295 Etc.
- 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 39,429 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
Building Class
B
Year Built
1984
Price
$3,300,000
Price Per SF
$82.82
Cap Rate
7.28%
NOI
$240,274
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
4.90 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
- $600.00
- May 2030
- Black Friday Liquidators Furniture
- Retailer
- 19,000 SF
- $600.00
- Nov 2029
- Hair Joy Beauty Supply
- Professional, Scientific, and Technical Services
- 7,951 SF
- $600.00
- Aug 2030
- Saloon
- Professional, Scientific, and Technical Services
- 1,478 SF
- $600.00
- Jan 2039
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Agap Achievement Academy | Educational Services | 11,000 SF | $600.00 | May 2030 | ||
| Black Friday Liquidators Furniture | Retailer | 19,000 SF | $600.00 | Nov 2029 | ||
| Hair Joy Beauty Supply | Professional, Scientific, and Technical Services | 7,951 SF | $600.00 | Aug 2030 | ||
| Saloon | Professional, Scientific, and Technical Services | 1,478 SF | $600.00 | Jan 2039 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Pamalee Plaza - Fayetteville, NC | 3421 Murchison Rd