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2826-2830 Raeford Rd 3,675 SF 100% Leased Retail Building Fayetteville, NC 28303 $1,005,391 ($273.58/SF) 7.13% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied
- Newly renovated interior or roof (2022)
- High visibility from 37,000 VPD via Raeford Road
- Modified Gross Leases
EXECUTIVE SUMMARY
Cape Fear Commercial is pleased to present this offering for 2826 Raeford Road, a fully leased, triple tenant, retail building in a prime location on Raeford Road in Fayetteville, North Carolina.
Fayetteville metro area is anchored by the U.S. Army where its associated personnel and families drive constant demand for retail, services, housing and food spending in the market.
Fayetteville metro area is anchored by the U.S. Army where its associated personnel and families drive constant demand for retail, services, housing and food spending in the market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
3,675 SF
Building Class
C
Year Built
1970
Price
$1,005,391
Price Per SF
$273.58
Cap Rate
7.13%
NOI
$71,684
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.24 AC
Zoning
C1 - Commercial Low Density
Parking
28 Spaces (7.62 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Security System
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0427-11-8479 | Improvements Assessment | $251,510 |
| Land Assessment | $52,148 | Total Assessment | $303,658 |
PROPERTY TAXES
Parcel Number
0427-11-8479
Land Assessment
$52,148
Improvements Assessment
$251,510
Total Assessment
$303,658
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2826-2830 Raeford Rd
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