Contacts

Neil Grant

Grant-Murray Real Estate

Property Details

Property Type Retail - Strip
Property Size 20,800 SF
Lot Size 1.88 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1968
Year Renovated 2022
Date Updated Jan 15, 2025

Explore the Eastgate Shopping Center in Fayetteville, NC, a bustling retail hub with high foot traffic and excellent visibility. Located at the intersection of HWY 53 and Clinton Road, the area attracts a steady flow of shoppers. With strong community support and a favorable demographic profile, it's an ideal location for retail and strip center tenants to thrive.1506 Clinton Rd offers a 20,800± SF retail strip center on a 1.88-acre lot, presenting a compelling value-add opportunity for investors or developers. With over 10,000 SF of vacant space available, the property provides substantial potential for repositioning or redevelopment to attract a diverse tenant mix. The center currently hosts three tenants, generating reliable monthly rental income: a church ($5,273.33), a laundromat ($2,340.90), and a tobacco shop ($1,500). Designed for versatility, the expansive structure sits on a horizontal layout, with 435 feet of frontage along Clinton Rd. A spacious parking lot complements the retail center, offering ample capacity for both current and future tenants.Eastgate Shopping Center offers prime retail, flex, and office space for lease at the highly visible intersection of Cedar Creek Road (Hwy 53) and Person Street/Clinton Road. Conveniently located near I-95, downtown Fayetteville, East Fayetteville, Fayetteville Regional Airport, and Fort Liberty Military Base, the property provides easy access to major transportation hubs. Available spaces include a 1,700 SF retail unit at 1516 Clinton Road, Suite A, a 2,400 SF flex space at 1516 Clinton Road, Suite B, and a 1,770 SF retail space at 1508 Clinton Road. While located in a flood zone, the site is strategically positioned to serve a wide range of businesses and customers in the region.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

20,800± SF retail strip center on 1.88 acres.
10,000+ SF of vacant space for redevelopment.
Current tenants generating $9,114.23 in monthly income.
435 feet of frontage along Clinton Rd.
Large parking lot supports multiple businesses.
Prime visibility at a high-traffic intersection.

Getting around

37/100
Walk Score ®
41/100
Bike Score ®

Powered by Walk Score ®

City Fayetteville, NC
Neighborhood East Fayetteville
Zip Code 28312

Points of Interest

Fayetteville

2.07 miles

Speedway

0.84 miles
Family Fare

2.65 miles
BP

2.85 miles
Tesla Supercharger

2.90 miles
Haymount Exxon

2.90 miles
Exxon

3.00 miles

Parking Deck

1.78 miles
Sandhills Access Parking

9.02 miles

Fuller's Old Fashion BBQ

0.91 miles
Sandpiper Seafood Buffet

1.01 miles
Mi Casita

1.03 miles
Vibe Gastropub

1.74 miles
Pierros Bistro

1.80 miles
Antonella's Ristorante

1.83 miles
Subway

2.07 miles
Parkton Grill

2.73 miles
Bojangles'

2.88 miles
Ruby Tuesday

2.89 miles

IGA

0.68 miles
Food Lion

0.83 miles
Family Fare

1.90 miles
Harris Teeter

4.10 miles
Walmart Supercenter

4.19 miles
Publix

4.58 miles
Boone Trail Thrift Mart

5.15 miles
Kohl's

6.18 miles
Belk

6.44 miles
Cross Creek Mall

6.52 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.