Skip to main content

Shopping Regional

Millstone Towne Centre

3350-3351 South Peak Dr, Hope Mills, NC 28348

Listing Price: $14,000,000

Cap Rate
6.67%
Gross SF
40,200
Rentable SF
39,721
Price/Gross SF
$348.26
Lot Size
0.94 acres
Year Built
2009

Investment Overview

Millstone Town Centre is part of a planned unit development. The center consists 40,200 square feet of gross retail space. The offering is for two retail properties consisting of 17,400 and 22,800 square foot buildings that flank the movie theater. It is 93% leased with a mix of local and national tenants. The property was built in 2009. The property is located at 5857 Camden Road, Hope Mills, NC (Fayetteville MSA). Nearby retailers include Wal-Mart Super Center, Food Lion, Walgreens, McDonalds, AT&T, Verizon, Capital Bank and others. The property is adjacent to Birchfield at Millstone Apartments. Camden Road is slated for expansion to a four lanes with a center turn lane. Camden road is the east west corridor linking I-95 to the northeast with I-295 to the southwest. Refer to I-295 Loop diagram. Millstone Towne Centre is a totally integrated community, blending commercial, professional, and residential properties in a refined, yet relaxed atmosphere. Fronted by select services, shops, restaurants and anchored by a magnificent 14 screen motion picture theater. Millstone Towne Centre embraces neighborhoods designed for virtually every lifestyle. Its natural settings are punctuated by common gathering spaces, walking paths, green areas, and distinctive water features.

Investment Highlights

  • 2009 Built - Part of a Planned Urban Development
  • Camden Road Connects I-95 and I-295 Loop
  • Located in the Fayetteville MSA - 10 Miles South of Fort Bragg
  • Mix of National & Local Tenants - Anchored US Army Clinic
  • Planned and Funded Road Expansion for Camden Road to Four Lane with Center Turn Lane
  • Surrounded by Multifamily & Single Family Residences

Exclusively Listed By

Shopping Regional

Millstone Towne Centre

Listing Price: $14,000,000

Cap Rate
6.67%
Gross SF
40,200
Rentable SF
39,721
Price/Gross SF
$348.26
Lot Size
0.94 acres
Year Built
2009

Investment Highlights

  • 2009 Built - Part of a Planned Urban Development
  • Camden Road Connects I-95 and I-295 Loop
  • Located in the Fayetteville MSA - 10 Miles South of Fort Bragg
  • Mix of National & Local Tenants - Anchored US Army Clinic
  • Planned and Funded Road Expansion for Camden Road to Four Lane with Center Turn Lane
  • Surrounded by Multifamily & Single Family Residences

Investment Overview

Millstone Town Centre is part of a planned unit development. The center consists 40,200 square feet of gross retail space. The offering is for two retail properties consisting of 17,400 and 22,800 square foot buildings that flank the movie theater. It is 93% leased with a mix of local and national tenants. The property was built in 2009. The property is located at 5857 Camden Road, Hope Mills, NC (Fayetteville MSA). Nearby retailers include Wal-Mart Super Center, Food Lion, Walgreens, McDonalds, AT&T, Verizon, Capital Bank and others. The property is adjacent to Birchfield at Millstone Apartments. Camden Road is slated for expansion to a four lanes with a center turn lane. Camden road is the east west corridor linking I-95 to the northeast with I-295 to the southwest. Refer to I-295 Loop diagram. Millstone Towne Centre is a totally integrated community, blending commercial, professional, and residential properties in a refined, yet relaxed atmosphere. Fronted by select services, shops, restaurants and anchored by a magnificent 14 screen motion picture theater. Millstone Towne Centre embraces neighborhoods designed for virtually every lifestyle. Its natural settings are punctuated by common gathering spaces, walking paths, green areas, and distinctive water features.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower