Pamalee Plaza – Fayetteville, NC

3421 Murchison Rd, Fayetteville, NC 28311, USA

Sands Investment Group is pleased to exclusively offer for sale the Pamalee Plaza Shopping Center 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 39,846 SF of rentable space on a 4.9-acre lot, zoned CC.

  • Pamalee Plaza is a freestanding retail asset located at 3421 Murchison Road in Fayetteville, North Carolina. The property sits along Murchison Road, a major commercial corridor providing strong visibility, easy access, and consistent traffic flow.
  • Pamalee Plaza is strategically positioned near major thoroughfares, offering convenient connectivity to downtown Fayetteville, Interstate 295, and U.S. Highway 401. The surrounding area features a dense mix of retail, service, and dining uses, making the property well-suited for a community-oriented retail tenant mix.
  • The site benefits from its proximity to established residential neighborhoods, national retailers, and key area employers, creating a steady customer base for tenants. Fayetteville is anchored by Fort Liberty (formerly Fort Bragg), one of the largest military installations in the world, which drives long-term population stability and demand for retail services.
  • 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 39,846 SF of rentable space on a 4.9-acre lot, zoned CC.
  • The property located in Cumberland County is a multi-tenant retail building built in 1984, with 4 tenants, 100% occupancy, and all leases currently below market.

 

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021

Price

$3,550,000

Cap Rate

7.17%

PREMISES

39,846 SF

RENEWAL OPTIONS

Varies

RENTAL INCREASES

Varies

BROKERS

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