9,870 SF Office Building on Major Retail Corridor

1995 Skibo Rd, Fayetteville, NC

$2,500,000

Price

9,870 sqft

Building Size

0.55 acres

Lot Area

Overview
Building Size
9,870 sqft
Lot Area
0.55 acres
Occupancy
24%
Class
B
Units
3
Year Built
2008
Floors
2
Parking Spots
39
Description

OFFICE OPPORTUNITY OR REDEVELOPMENT at the heart of Fayetteville's retail corridor at the intersection of Skibo Rd and Cliffdale Rd. The office building is 9,800+ SF located on 0.55 acres zoned CC. There is one tenant on the first floor leasing 2,263 SF whose lease expires 6/30/24 with one one-year option remaining. The remainder of the first floor and all of the second floor is vacant. The furniture shown in the photos is not included in the sale, but is negotiable if desired. Each office suite has a professional, efficient layout with a reception area, multiple private offices, break room, networking room, and private restrooms. Building has one elevator in the common lobby. The short length of the tenant's lease could also make this an excellent redevelopment opportunity for another use, especially if combined with adjacent parcels.

The office building is located at one of the most heavily trafficked, high-profile intersections along the Skibo Rd corridor with 42,500 vehicles daily passing on Skibo Rd and 29,000 on Cliffdale Rd. The property has pylon signage on both streets with the driveway access on Skibo Rd. The immediate area surrounding the property is the primary retail corridor and shopping destination for a trade area of over 400,000 customers. Cross Creek Mall, Freedom Town Center, and the All American Freeway gates to Fort Liberty are all within minutes from the property. Within a three-mile radius there are 73,963 residents with an average household income of $70,062.

Highlights
  • Prime office opportunity or redevelopment potential in Fayetteville's central retail corridor at Skibo Rd and Cliffdale Rd intersection.
  • Features a 9,800+ SF office building on 0.55 acres zoned CC, with high visibility and traffic counts: 42,500 vehicles/day on Skibo Rd and 29,000 on Cliffdale Rd.
  • Currently, one tenant occupies 2,263 SF on the first floor, with a lease expiring on 6/30/24, including one one-year renewal option.
  • Majority of the building, including the entire second floor and part of the first floor, is vacant, offering immediate occupancy or re-leasing potential.
  • Office suites have a professional layout with reception areas, multiple private offices, break rooms, networking rooms, and private restrooms.
  • Includes elevator access in the common lobby; furniture in photos is not included but negotiable.
  • Positioned in a prime retail corridor, the site is close to Cross Creek Mall, Freedom Town Center, and Fort Liberty, drawing from a trade area of 400,000+ customers.
  • Surrounding area within a three-mile radius hosts 73,963 residents with an average household income of $70,062, enhancing the site's attractiveness for businesses or redevelopment.
Documents

Location
Gallery