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3505 Masonboro Ct 4,000 SF 100% Leased Retail Building Hope Mills, NC 28348 $690,000 ($172.50/SF) 7.30% Cap Rate



Investment Highlights
- 7.3% Cap Rate
- Tenant Occupied
- 4000 SF Flex/Warehouse with fenced Laydown
Executive Summary
FOR SALE | 3505 Masonboro Court | Fayetteville, NC
7.3% Cap Rate Investment Opportunity | 4,000 SF Warehouse | 1.32 Acres | Tenant in Place
Position your portfolio with this well-located, income-producing industrial investment in one of Fayetteville's strongest commercial corridors. Situated just off Legion Road, with approximately 15,500 vehicles per day, this 4,000 SF warehouse sits on 1.32 fenced acres and offers outstanding accessibility to major highways, making it an attractive asset for investors and future owner-users alike.
The property is currently occupied by an established tenant, providing immediate cash flow. With a 7.3% Cap rate, The existing lease runs through December 31, 2027, with one (1) additional two-year renewal option. Rental increases of 5% every two years provide built-in income growth, while the tenant is responsible for NNN expenses, helping minimize ownership costs.
The warehouse features two grade-level roll-up doors, a secure fenced laydown yard, and C(P) Commercial Planned zoning, allowing for a wide range of industrial and commercial uses in the future.
7.3% Cap Rate Investment Opportunity | 4,000 SF Warehouse | 1.32 Acres | Tenant in Place
Position your portfolio with this well-located, income-producing industrial investment in one of Fayetteville's strongest commercial corridors. Situated just off Legion Road, with approximately 15,500 vehicles per day, this 4,000 SF warehouse sits on 1.32 fenced acres and offers outstanding accessibility to major highways, making it an attractive asset for investors and future owner-users alike.
The property is currently occupied by an established tenant, providing immediate cash flow. With a 7.3% Cap rate, The existing lease runs through December 31, 2027, with one (1) additional two-year renewal option. Rental increases of 5% every two years provide built-in income growth, while the tenant is responsible for NNN expenses, helping minimize ownership costs.
The warehouse features two grade-level roll-up doors, a secure fenced laydown yard, and C(P) Commercial Planned zoning, allowing for a wide range of industrial and commercial uses in the future.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,000 SF
Year Built
1997
Price
$690,000
Price Per SF
$172.50
Cap Rate
7.30%
NOI
$50,370
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
1.28 AC
Zoning
CP - Comercial Planning
Parking
11 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
135’ on Masonboro Court
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0425-22-7537 | Improvements Assessment | $151,006 |
| Land Assessment | $108,535 | Total Assessment | $259,541 |
Property Taxes
Parcel Number
0425-22-7537
Land Assessment
$108,535
Improvements Assessment
$151,006
Total Assessment
$259,541
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3505 Masonboro Ct
