Property Highlights
Atlantic Investments is pleased to present the opportunity to acquire The Center at Skibo, a 100% leased retail Strip Center in Fayetteville, NC. Shops at Western Boulevard, built in 2011, is a fully occupied center with a line-up of four national retailers. With 10,284 SF of Leaseable Area, the tenancy includes Chipotle Mexican Grill, AT&T, Jimmy John’s, and Great Clips. The Center at Skibo is prominently located on the corner of Skibo Rd and Campground Rd, a signalized intersection, with a combined traffic count of more than 57,000 VPD. The property benefits from its location in front of Marketfair Mall, an Open-Air Shopping Center featuring Lidl, Rooms-To-Go Supercenter, AMC Theatres, Planet Fitness, Lumber Liquidators and McDonald’s among others. The property also benefits from its location on Skibo Rd, which is the main corridor in Fayetteville’s premier retail destination with other national retailers such as Lowe’s Home Improvement, Ashley HomeStore, Macy’s, Ross, JCPenney and more. The Center at Skibo offers investors the opportunity to purchase a well-positioned Multi-Tenant Net Lease asset, with a diverse mix of National tenants, located in Fayetteville’s busiest retail corridor.
- National Brands – The Center at Skibo is 100% comprised of nationally-recognized brands (Nasdaq: CMG & T)
- Internet Resistant Tenants – The Center at Skibo is completely made up of service-oriented tenants
- High Demand Retail Corridor – Over 4 million square feet of retail in 3-Mile radius)
- Excellent Exposure – Corner location at the signalized intersection of Skibo Rd and Campground Rd offers great visibility to over 57,000 combined VPD
- Pentagon of the South – Fayetteville, NC is home to Fort Bragg Army Base and Pope Field, making it one of the largest military installation in the world, with over 54,000 troops and another 225,000 civilian employees and families connected to the base
- Economic Impact – Fort Bragg, the worlds largest Army base, has an impact on the local economy of over $31 million a day, adding up to more than $11 billion a year
- Established Trade Area – National Retailers within the immediate vicinity include; Target, Ashley HomeStore, Macy’s, Ross, Lowe’s Home Improvement, TJ Maxx, Burlington, and more
- Favorable Demographics – With more than 72,000 people in 3-mile Radius and Average Household Income over $59,000 per year
- Tremendous Traffic Counts – 41,000 VPD on Skibo Road and 38,500 VPD on Cliffdale Rd