803 S Eastern Blvd 102,409 SF Industrial Building Fayetteville, NC 28301 For Sale

THE OPPORTUNITY: Great Neck Realty Co. is pleased to present 803 S. Eastern Boulevard, a ±30,932 SF warehouse and 463-unit self-storage opportunity situated on ±7.55 acres in Fayetteville’s primary logistics corridor.
The property is being subdivided so that the warehouse and self-storage may be sold separately, offering flexibility and optionality. The warehouse is situated on ±3.76 acres and will be delivered vacant, and the self-storage consists of 463 units, 288 of which are climate-controlled, spread across seven buildings. The self-storage is generating stable income with upside through lease-up and stabilization.
Located at the signalized corner of US 301 and Old Wilmington Road, the property provides excellent visibility and direct access to NC 87, I-95, Fayetteville Regional Airport, and major East Coast ports. With functional infrastructure, multiple access points, and a combination of income-producing asset and growth potential, 803 S. Eastern Boulevard delivers immediate cash flow and long-term value in a high-demand Southeastern industrial market.
KEY HIGHLIGHTS:
Flexible Acquisition Structure: Acquire the full 7.55± acres or purchase the warehouse (3.76± acres) and self-storage (3.79± acres) separately, enabling multiple investment and operating strategies.
Immediate Control & Value Creation: Vacant two-story office warehouse provides day-one control of leasing and rents. Features include 28’ clear heights, four roll-up doors, covered loading, mezzanine storage, and office buildout—ideal for logistics and light industrial users.
Stabilized Self-Storage with Built-In Upside: 463 total units (288 climate-controlled) at ~87% occupancy. Existing vacancy offers near-term revenue growth without additional capital, while climate-controlled units support premium pricing.
Expansion Capacity on ±3.79 AC Self-Storage Parcel: Excess land allows for future unit development, supporting long-term NOI growth and scalability with demand.
High-Exposure Logistics Hub: 700+ feet of frontage with immediate I-95 access, reaching 170M+ consumers within an 8-hour drive and offering multimodal connectivity via rail and regional airport.
Fort Liberty Economic Synergy: Proximity to the world’s largest military installation drives recession-resistant demand from a $10B+ defense economy and a steady pipeline of military-related tenants.