2100 Skibo Road · Fayetteville, NC 28314 · Specialty Retail
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FAYETTEVILLE COMMONS | FAYETTEVILLE, NC
• Fayetteville Commons is a 126,833 SF retail center anchored by Academy Sports + Outdoors and Burlington. Located in Fayetteville, NC
• The two nationally recognized anchors make up approximately 89% of the total GLA and have operated at the center since 2015
• Positioned in Fayetteville’s most established retail node
• The center is shadow-anchored by Home Depot and Target
• Fayetteville Commons sees 1.4M+ visits per year
• Newer construction retail, built in 2016
PROVEN LONG-TERM ANCHORS | LEASING UPSIDE
• The anchor tenants, Academy and Burlington, are proven long-term operators, both having been at the center for 11+ years
• Burlington is the #1-ranked chain store in the state of North Carolina & Academy is ranked #5
• The shop space includes Metro Diner, Duck Donuts, Envy Nails, OneMain Financial, Japan Express, and Smallcakes, showing strong demand for food and service retail
• 1,400 SF vacancy provides near-term additional leasing upside through smaller-format restaurant, service, and daily-needs tenants
• Small-shop rents comps range from the mid-$20s to low-$30s PSF
• The lack of available space in the surrounding area supports long-term tenant demand and helps reduce downtime risk
• Strong placer rankings for multiple tenants:
• Academy: 5/18 (Top 23% statewide) | 123/304 (41% nationwide)
• Burlington: 1/33 (#1 ranked statewide) | 153/963 (Top 16% nationwide)
• Metro Diner 3/6 (Top 34% statewide) | 10/62 (Top 15% nationwide)
• Duck Donuts 7/15 (Top 40% statewide) | 37/109 (Top 34% nationwide)
BURLINGTON
• Signed an initial 15-year lease with rent increases in the base term and options
• This Burlington is the number one location in NC
• They have expressed a desire to downsize their footprint to 36,348 SF and have expressed their willingness to pay for the cost of their downsize. The current landlord has not discussed any increased rent or other details with Burlington
• If Burlington paid $15.50/SF for the reduced space, it would equal their current rent
• Their downsizing would result in a 13K SF vacancy
• Franklin Street leasing agent has estimated a $200K annual rent for the vacant space
• Burlingtons current lease does not expire till February of 2032
• There are currently no junior box vacancies in this corridor
DESTINATION RETAIL | PRIME CORRIDOR POSITIONING
• The property has frontage on Skibo Road, Fayetteville’s dominant retail corridor, seeing 35,500 VPD
• The center’s immediate area on Skibo Rd includes 2.5M+ SF of retail inventory
• The center benefits from the shadow anchoring of Target & Home Depot, and is surrounded by a number of other national retailers
• Surrounding big-box, restaurant, service, and daily needs retail, includes Target, Home Depot, Best Buy, Starbucks, Michaels, Marshalls, Food Lion, PetSmart, Hobby Lobby, Sprouts, HomeGoods, DICK’S, Five Below, and Cross Creek Mall
• Corridor location and dense surrounding neighborhoods drive consistent traffic to the center
FAYETTEVILLE MARKET
• Fayetteville is home to Fort Liberty, one of the nation’s largest military installations, with a total economic impact of $11.3 billion and a total population of 55,000 active duty personnel
• Military presence, combined with healthcare, education, logistics, and public-sector employment, creates a stable economy and consumer base that supports long-term demand
• Major local employers include Goodyear, Amazon, Walmart, Cape Fear Valley Health, and Fayetteville State University
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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.