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584 S Reilly Rd
Fayetteville, NC 28314
Investment Opportunity - Industrial/ Retail · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Sprinkled & HVAC
  • Signalized Intersection
  • 7.7 % Cap Rate
  • Large Pylon Sign
  • Development Value-Add Opportunity

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
20,000 SF
Building Class
B
Year Built/Renovated
2001/2019
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
2.33 AC
Zoning
PND-CC-Community Comm. - Community Commercial
Parking
35 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
382’ on Reilly Rd

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Automatic Blinds
  • Storage Space
  • Air Conditioning

ABOUT 584 S REILLY RD , FAYETTEVILLE, NC 28314

584 S Reilly Rd is a 2.33± acre corner parcel with a 20,000± SF open-span metal building and value-add development opportunity for sale at $1,850,000.00. Currently in use as a fitness business, the building is well insulated with a metal roof. The entire building is sprinkled, fully HVACed, 3-phase power, and is in excellent condition. SUPER CORNER TO DEVELOP AS STRIP CENTER OR USE WHILE LEAVING CURRENT TENANT IN BUILDING OR GETTING BETTER TENANT. SIGNALIZED CORNER. There are 2 dock-high doors for loading located near the rear of the building. There is a large pylon sign on the corner of the parcel at the signalized intersection of Reilly & Glen Allen St. Clear ceiling heights range from 14' low to 22' high. The building was previously used by a defense contractor, who installed security doors & windows and a fire alarm system. There is approximately 0.79± acres of level land primed for development presenting a value-add opportunity on one of Fayetteville's main corridors leading to Fort Bragg military base. Reilly Rd has long served as one of the main base gates leading into Fort Bragg military base with public & civilian access. 41,500+ AADT

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9497-59-8337
Land Assessment
$288,377
Improvements Assessment
$1,693,878
Total Assessment
$1,982,255
  • Listing ID: 18059860

  • Date on Market: 12/30/2019

  • Last Updated:

  • Address: 584 S Reilly Rd, Fayetteville, NC 28314

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