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Jim 'N Nick's BBQ | New 15-Year GL 7595 Raeford rd 4,200 SF Retail Building Fayetteville, NC 28304 $4,690,000 ($1,116.67/SF) 5.65% Cap Rate



Investment Highlights
- 15-year absolute NNN ground lease with 10% rent bumps every 5 years during the initial term and three, 5-year renewal options
- Part of the 36-acre Sandhills Gateway anchored by 300+ apartments, Chipotle, Dutch Bros, Sheetz, Texas Roadhouse, Five Guys, Whataburger and Starbucks
- Situated 8 miles from Fort Bragg, the largest military base in the world, supporting roughly 265,000 people on campus | $8B+ economic impact to NC
- Brand new 2026 construction, featuring a 4,200 SF building equipped with the newest double drive thru prototype on a large 1.84-acre parcel
- Strategically positioned at the signalized corner of S Raeford Rd and Gillis Hill Rd (61,500 VPD), less than half a mile from I-295
- Adjacent to the Walmart anchored Westside village shopping center (3.2M visits annually), Lowe's, Chick-fil-A, Aldi and more
Executive Summary
TSCG is pleased to offer for sale a brand-new Jim 'N Nick's BBQ ground lease in Fayetteville, NC home to the largest military base in the world, Fort Bragg. The 1.84-acre parcel is situated less than one-half mile to Interstate 295 along a busy and established retail corridor anchored by Walmart, Lowe's, Aldi, Chick-fil-A, major healthcare facilities, educational institutions and more. Strategically positioned at the hard signalized corner of S Raeford Rd and Gillis Hill Rd (61,500 VPD) and part of the new 36-acre Sandhills Gateway, Jim 'N Nick's benefits from a new 312-unit apartment complex and best-in-class co-tenancy including Dutch Bros, Whataburger, Sheetz, Starbucks, Five Guys, Texas Roadhouse, Panda Express, Chipotle and Valvoline.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
4,200 SF
Year Built
2026
Construction Status
Under Construction
Price
$4,690,000
Price Per SF
$1,116.67
Cap Rate
5.65%
NOI
$265,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.84 AC
Parking
75 Spaces (17.86 Spaces per 1,000 SF Leased)
Frontage
210’ on S Raeford Rd
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 6
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