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4251 Ramsey St, Fayetteville, NC, 28311

The Shoppes At Ramsey
$5,174,854

Key Information

Cap Rate
6.75%
$ per SF
$361
Tot. SF
14,333
Units
5
Year Built
2017
Type
Shopping Centers
NOI
$349,303

Highlights

  • Long-Term Tenant Commitments: A majority of the tenants have shown multiple years of commitment to the site.
  • National Tenant Roster: The Shoppes at Ramsey is leased to nationally recognized tenants with strong operating history.
  • Attractive Retail Design: Features prominent signage, ample parking, and high visibility, ideal for tenant success and consumer convenience.
  • Full Occupancy: 100% leased providing steady income from day one.
  • Strip Center Intrinsics: The Shoppes at Ramsey embodies the low risk associated with smaller, leasable tenant spaces.
  • Essential Retail Exposure: Tenancy profile is predominantly service-oriented, offering resistance to online retail disruption.
  • Below Market Rent: All tenants are currently paying below market rent, which presents a future mark-to-market opportunity and protects your downside in the event of tenant turnover.
  • Premier Retail Corridor: Located along Fayetteville’s primary retail artery, surrounded by a dense concentration of national retailers, QSR tenants, and neighborhood-serving centers.
  • Strong Accessibility and Visibility: Excellent frontage on Ramsey Street with ±35,000 vehicles per day, providing strong exposure for retail tenants.
  • Located in Growing Market: Fayetteville benefits from the presence of Fort Bragg, one of the largest military bases in the world, driving consistent housing and retail demand.
  • Dense Population Base: Strong residential density, which supports neighborhood retail demand.
  • Population Growth: Consistent year over year population growth of nearly 1%.
  • Affluent Market: The average household income in a 5-mile radius is north of $79,840.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # C38369, 288917 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203