Montibello Shopping Center Outparcels

Investment Overview

Three outparcels of 0.86 ACs, 0.91 ACs, & 1.17 ACs are now available for sale shadow anchoring a Food Lion Shopping Center. Water & sewer are available off Cliffdale Rd. Sites are level and ready to be developed. The intersection of Cliffdale & Reilly Rds recently received an uptick in traffic due to the road closure at S Reilly Rd leading towards Fort Bragg Military Base. Today, all base personnel arriving from or returning to the Western part of Fayetteville & Hoke County pass this center everyday. Traffic is slated to increase with the opening of the I-295 Outer Loop Cliffdale Rd exit less than a mile up the road. This area will now be accessible to all areas of Fayetteville and I-95. Developers have taken notice and are building residential housing and multifamily rapidly in the area. There are over 43,000 residents living within a three mile radius whose average household income exceeds $62,000. There are currently 31,000 vehicles passing this site daily, which is only slated to increase with the opening of I-295 on Cliffdale Rd leading to the gates of Fort Bragg.

Investment Highlights

• Development opportunity shadow anchoring a Food Lion Shopping Center
• 0.86 - 1.17 ACs available
• 31,000 AADT
• 43,000 population with $62,000 AHI (3 miles)
• Zoned NC
• Less than a mile from I-295