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7707-7711 S Raeford Rd

45,009 SF 89% Leased Retail Building Fayetteville, NC 28304 $20,196,959 CAD ($448.73 CAD/SF) 6.81% Cap Rate

INVESTMENT HIGHLIGHTS

  • Very busy center shadow-anchored by Super Walmart.
  • Fayetteville is seat of Cumberland County and home of Fort Bragg.
  • Solid demographics with positive trends in the fast-growing market of Fayetteville.

EXECUTIVE SUMMARY

ONE STORY BUILDING - 22 STORES. 100% OCCUPIED (as of 11/25/24)

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $1,586,258 $35.24
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,586,258 $35.24
Taxes - -
Operating Expenses - -
Total Expenses $210,931 $4.69
Net Operating Income $1,375,326 $30.56

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income (CAD)
Annual $1,586,258
Annual Per SF $35.24
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,586,258
Annual Per SF $35.24
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $210,931
Annual Per SF $4.69
Net Operating Income (CAD)
Annual $1,375,326
Annual Per SF $30.56

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
45,009 SF
Building Class
B
Year Built
2002
Price
$20,196,959 CAD
Price Per SF
$448.73 CAD
Cap Rate
6.81%
NOI
$1,375,326 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
8 Exterior
Building FAR
0.15
Lot Size
6.71 AC
Zoning
CC - Commercial
Parking
366 Spaces (9.05 Spaces per 1,000 SF Leased)
Frontage
301’ on S Raeford Rd

AMENITIES

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Air Conditioning

ABOUT 7707-7711 S RAEFORD RD , FAYETTEVILLE, NC 28304

Well-positioned regional center shadow-anchored by Super Walmart. Solid national tenant mix including Dollar Tree, Shoe Show, Cato Fashions, and Rue 21. Great access and visibility. Built in 2002.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Cato
  • -
  • 4,160 SF
  • -
  • -
  • China Wok Buffet
  • -
  • 4,800 SF
  • -
  • -
  • Mi Casita Mexican Restaurant
  • -
  • 6,000 SF
  • -
  • -
  • Retailer
  • 4,000 SF
  • -
  • -

rue21 adore fabriquer des vêtements cool et décontractés pour les gens les plus rattrapés qu'ils connaissent. La mission de rue21 est de fournir aux dernières tendances un prix abordable. rue21 est différent (c.-à-d. rue21 ne cesse jamais de bouger !). rue21 travaille rapidement pour offrir à ses clients des styles les plus récents qui n'existent nulle part ailleurs, et rue21 croit que la mode devrait être amusante et accessible à tous. Que les jeans soient bien faits et portés à peu près partout. Et que ces nuits interminables dont leurs clients se souviennent toujours devraient être passées dans des vêtements qui leur donnent l'air et se sentent bien. rue21 fait des voyages routiers inattendus, frappant le bouton de répétition et vivant pleinement la vie.

  • Shoe Show
  • -
  • 4,250 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Cato - 4,160 SF - -
China Wok Buffet - 4,800 SF - -
Mi Casita Mexican Restaurant - 6,000 SF - -
Retailer 4,000 SF - -
Shoe Show - 4,250 SF - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 7707 #105
  • 5,140 SF
  • Retail
  • -
  • Now

Inline retail; former Rue21.

Space Size Space Use Position Available
7707 #105 5,140 SF Retail - Now

7707 #105

Size
5,140 SF
Space Use
Retail
Position
-
Available
Now

7707 #105

Size 5,140 SF
Space Use Retail
Position -
Available Now

Inline retail; former Rue21.

NEARBY MAJOR RETAILERS

Waffle House
IHOP
Truist
Applebee's
Rent-A-Center
Food Lion
Anytime Fitness
Smithfield's Chicken 'N Bar-B-Q
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9486-34-6480
Land Assessment
$2,107,731 CAD
Improvements Assessment
$5,034,186 CAD
Total Assessment
$7,141,917 CAD
  • Listing ID: 16301533

  • Date on Market: 2019-06-10

  • Last Updated:

  • Address: 7707-7711 S Raeford Rd, Fayetteville, NC 28304

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