Starbucks & European Wax Center, Fayetteville, NC

Property Description

SOLD
The property is conveniently located on Skibo Road, one of Fayetteville’s busiest thoroughfares, with excellent visibility and access to 51,000 vehicles per day directly in front of the property. This section of Skibo Road—around Cross Creek Mall—serves as Fayetteville’s primary commercial center, and the property is surrounded by large retail developments. The property is outparcel to the newly built Fayetteville Commons, anchored by Academy Sports + Outdoors and Burlington. Other tenants within the center include Old Chicago Pizza & Taproom, Subway, Duck Donuts, and more. The property is directly adjacent to a shopping center anchored by Target and Home Depot and is across from Fayetteville Pavilion, tenanted by Food Lion, Michaels, Marshalls, and Christmas Tree Shops. The property is also less than two miles from Cross Creek Mall, the only super-regional mall within a 75-mile radius. Featuring more than 150 stores—including anchor stores Macy’s, JCPenney, Belk, and Sears—, Cross Creek Mall draws from a large trade area and sees over 24 million visitors per year.

The property is centrally located and benefits from robust demographics in the nearby area. The property is adjacent to Lewis Chapel Middle School (585 students) and across from Anne Chesnutt Middle School (524 students). Additionally, the property is just minutes from Fayetteville Technical Community College, the fourth largest community college in North Carolina, serving more than 41,000 students annually. The property is also located just a few miles from Fort Bragg, the world’s largest military base by population, with more than 77,000 military and civilian employees. Active duty personnel, military families, and the local consumer base of 159,302 residents within a five-mile radius all help drive sales at the property.