Hope Mills Crossing - Fayetteville, NC MSA
Planet Fitness Anchor - High Growth Area
Marketing description
Atlantic Capital Partners has been exclusively engaged to market Hope Mills Crossing, a Planet Fitness anchored shopping center located in the heart of the the rapidly growing Hope Mills submarket within the Fayetteville, North Carolina MSA. The property is strategically positioned along North Main Street, one of the area’s primary retail corridors, and serves a dense, growing residential trade area supported by daily needs and service-oriented demand.
Hope Mills Crossing totals 53,204 square feet and is 95% occupied by a diversified mix of national and regional tenants, led by a newly delivered Planet Fitness anchor. The center benefits from a recent comprehensive renovation completed in 2026 and features a complementary lineup of medical, financial, government and service retail users that drive consistent traffic throughout the day. The asset offers investors a stable in-place cash flow with embedded upside through the remaining small shop vacancy and continued stabilization of the tenant lineup.
Investment highlights
INSTITUTIONAL QUALITY NEIGHBORHOOD SHOPPING CENTER - Institutional-quality 53,204 SF neighborhood center, providing strong daily-use traffic tenancy and durable demand within the Hope Mills submarket of the Fayetteville MSA.
HIGH-PERFORMING PLANET FITNESS ANCHOR - The center was renovated in 2026 and is anchored by a new 15-year Planet Fitness lease that has significantly exceeded membership projections since opening. Notably, the Hope Mills location represents the top-performing new opening within the franchisee’s North Carolina operating system.
SERVICE-ORIENTED TENANCY DRIVES CONSISTENT FOOT TRAFFIC - The tenant mix is heavily weighted toward necessity and service uses, including medical, financial, government and consumer services such as Carolina Vision, Members Credit Union, NCDMV and The UPS Store, supporting steady daily visitation.
STRONG IN-PLACE OCCUPANCY - The property is currently 95% occupied with diversified rent across six operating tenants, providing reliable in-place income
LONG-TERM TENANCY PROVIDES INCOME CERTAINTY - The property is anchored by tenants with substantial remaining lease terms, including Planet Fitness through 2040 and Carolina Vision through 2036, providing dependable income visibility and limiting near-term rollover exposure for future ownership.
RAPIDLY GROWING TRADE AREA WITH NEW TARGET & PUBLIX NEARBY - The center also serves the same dense residential customer base with approximately 51,140 residents within a three-mile radius and average household incomes near $73,866, supporting continued demand for neighborhood retail and service-oriented tenancy
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