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3611 Ramsey St 83,041 SF 100% Leased Office Building Fayetteville, NC 28311 $9,000,000 ($108.38/SF) 10.14% Cap Rate

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Investment Highlights

  • 100% Leased- 2 NNN Tenants
  • All Leases Provide 3% Annual Increases
  • Over 67% of NOI From NYSE Listed Company

Executive Summary

Built in 1966 this former retail center now serves as a professional center with renovations in 2020. The location serves as a great example of adaptive reuse with large parking area and convenient access to the North side of Fayetteville. The building features a full sprinkler fire protection system, demised and divided utilities and spaces per tenant, a recent roof replacement. The renovation completed in 2020 included the facade upgrade, parking lot revitalization, full tenant upfit in over 50% of the center, and roof replacement.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
83,041 SF
Building Class
B
Year Built/Renovated
1966/2020
Price
$9,000,000
Price Per SF
$108.38
Cap Rate
10.14%
NOI
$912,474
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
83,041 SF
Building FAR
0.34
Lot Size
5.60 AC
Zoning
CC - Fayetteville UDO Community Commercial (CC)
Parking
400 Spaces

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

CACI is a publicly traded provider of information technology, engineering, and mission services primarily supporting U.S. defense, intelligence, and federal civilian agencies. Founded in 1962, the company has expanded from its origins in systems analysis and simulation into a broad portfolio that includes cyber operations, C3I, electronic warfare, space-related mission support, and enterprise IT modernization. CACI’s operating model centers on delivering specialized technical capabilities and program support aligned to national security requirements, with work performed under government contracts and long-term IDIQ vehicles. The company is headquartered in Reston, Virginia and operates through domestic and international operations, including a U.K. business. CACI trades on the New York Stock Exchange under ticker symbol CACI. The company periodically reports contract awards and corporate recognition milestones through its investor relations and news releases. CACI is organized and governed by an executive leadership team and a board of directors, with business operations managed through functional and operational leadership roles.

  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Manna Church has been serving military communities for over 40 years and is strategically planting expressions of Manna Church along the Military Highway. They believe that the Church exists wherever God’s people gather.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

Property Taxes

Property Taxes

Parcel Number
0439-54-6695
Land Assessment
$444,434
Improvements Assessment
$3,527,791
Total Assessment
$3,972,225
  • Listing ID: 35938281

  • Date on Market: 5/21/2025

  • Last Updated:

  • Address: 3611 Ramsey St, Fayetteville, NC 28311

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