Contacts

Joe Caccamo

CP Partners

Property Details

Property Type Retail - Community Center
Property Size 241,668 SF
Lot Size 29.41 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Date Updated Nov 15, 2024

-A highly established, value-play acquisition opportunity on a major retail corridor in a high-growth, mission-critical military town, priced well below replacement cost. Northgate Shopping Center is a bustling, highly established retail venue on high-traffic Ramsey Street in Fayetteville. It’s adjacent to a top 5% Lowe’s Home Improvement, near Walmart Supercenter at a signalized intersection with multiple points of ingress/egress. Fort Liberty (formerly Ft. Bragg) has a $66 billion statewide economic impact with a 251,646 base supported population.

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Highlights

Northgate Shopping Center had 2.3 million visits in the last 12 months per Placer.ai
Ramsey Street (44,090 VPD) is 2 miles from Interstate 295, spanning the City of Fayetteville and a connector to Interstate 95
Strong national and regional daily-needs tenants include Ross, Ollie’s Bargain Outlet, Rent-A-Center, Wells Fargo, UPS, Subway, Papa John’s and CrossFit Intrinsic
Desirable outparcel tenancy: Advanced Auto Parts and Hobby Town. Additionally the center is supported by outparcel tenants that are not part of the subject property: McDonald’s, Cookout, Weiner Works and Firestone Tires
Fort Liberty’s base-supported population of 251,646 has a massive economic impact on the Fayetteville region totaling $8.1 billion dollars annually, as well as a $66 billion annual impact at the state level
243,894 people live within a 10-mile radius of the shopping center

Attachments

NorthgateCenter_FayettevilleNC.pdf (PDF) opens in new window

Getting around

28/100
Walk Score ®
38/100
Bike Score ®

Powered by Walk Score ®

Location

City Fayetteville, NC
Neighborhood Country Club Lake - The Greens
Zip Code 28311

Points of Interest

Fayetteville

3.88 miles

Murphy USA

0.86 miles
Circle K

1.57 miles
BP

3.23 miles
Exxon

3.59 miles
Kangaroo Express

3.71 miles
Family Fare

3.86 miles
Haymount Exxon

3.87 miles
C-Store

3.87 miles
Speedway

4.04 miles
Tesla Supercharger

7.78 miles

Parking Deck

4.05 miles
Sandhills Access Parking

4.15 miles

Wiener Works

0.09 miles
Cook Out

0.10 miles
KFC

0.13 miles
McDonald's

0.14 miles
Wendy's

0.17 miles
Rainbow

0.19 miles
Little Caesars

0.24 miles
Fred Chason's Grandsons

0.28 miles
Bojangles'

0.36 miles
Waffle House

0.36 miles

Walmart Supercenter

0.87 miles
Food Lion

1.08 miles
ALDI

1.39 miles
Family Fare

3.69 miles
Harris Teeter

5.00 miles
JCPenney

5.17 miles
Belk

5.19 miles
Cross Creek Mall

5.25 miles
Macy's

5.32 miles
Kohl's

5.37 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.