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Boone Trail Center 3 Retail Properties Offered at $9,161,000 in Fayetteville, NC
Investment Highlights
- Below market rents – priced well below replacement value ($136 psf)
- Possible development opportunities for new QSR and strip center outparcels
- Located on Boone Trail and Owen Drive (55,381 VPD combined) in the heart of Fayetteville
- Staggered rents range from $6-$26 psf
- 3 separate parcels on over 11 acres
- Home to Fort Bragg, the largest U.S. military base in the world and a mission critical hub for national defense operations
Executive Summary
Boone Trail Center is positioned along the busy Boone Trail & Owen Drive retail corridor. This well-located property benefits from excellent traffic counts (55,381 VPD combined), convenient ingress and egress, and proximity to established residential neighborhoods and national retailers. The center is supported by the powerful economic influence of Fort Bragg (~10 miles from subject property) — one of the largest military installations in the world. Fort Bragg drives billions in annual economic activity and supports a dense population of 265,104.
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3035-3037 Boone Trl, Fayetteville, NC 28304 | Retail | 53,313 SF | 1974 | - |
|
The Shops at Boone Trail
3039-3041 Boone Trail Ext, Fayetteville, NC 28304 |
Retail | 10,000 SF | 2018 | - |
|
Westmoore Restaurant
3057 Boone Trl, Fayetteville, NC 28304 |
Retail | 2,326 SF | 1975 | - |
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