Mirage Plaza

1007 Ramsey St, Fayetteville, NC

$337,000

Price

1.6%

Cap Rate

$5,381.74

NOI

Overview
Cap Rate
1.6%
NOI
$5,381.74
Building Size
3,000 sqft
Lot Area
0.65 acres
Occupancy
100%
Units
3
Year Built
1986
Parking Spots
14
Description

Mirage Plaza is a 3,000 SF retail center currently 100% leased to three tenants (month-to-month tenancy). The center is located along Ramsey St near downtown Fayetteville and has easy access for customers. The retail center sits on a 0.28 acre and the sell includes a 0.37 acre lot at 1001 Ramsey St (the two lots are not contiguous). Both parcels are zoned CC (Community Commercial) which allows for many types of commercial uses. This center is located within an Opportunity Zone.

Mirage Plaza is located along the southern end of Ramsey St just minutes from downtown Fayetteville and within a block from the MLK Freeway/401 Bus. The center is also very close to the Cumberland County Dept of Social Services and Dept of Public Health buildings. The daytime population within three miles of the property is 60,588 and average household income is $54,389.

Highlights
  • Three-tenant strip center on Ramsey St
  • 3,000 SF retail building on 0.28 AC
  • Additional 0.37 AC parcel included
  • Both parcels are zoned CC
  • Building is 100% occupied
  • Located in an Opportunity Zone
Documents

Location
Gallery