Log In/Sign Up
Your email has been sent.
101-129 Great Ln 10,400 SF 100% Leased Retail Building Raeford, NC 28376 $4,865,945 CAD ($467.88 CAD/SF)
Investment Highlights
- +/- 10,400 SF neighborhood retail center on 1.31 acres
- 7 of 8 suites leased (lease-up upside)
- Proforma cap rate 5.96%
- Located at entrance to 250+ home Bedford subdivision
- Frontage on Fayetteville Rd / US-401 (+/- 30,000 AADT)
Executive Summary
The Shoppes at Bedford is a +/- 10,400 SF neighborhood retail center located on 1.31 acres within Bedford Commercial, at the entrance to the 250+ home Bedford subdivision. The property features eight retail suites and is prominently positioned along the high-traffic Fayetteville Rd/US-401 corridor connecting Fayetteville and Raeford, with an average daily traffic count of approximately 30,000 vehicles. The center currently has 7 of 8 units leased, providing flexibility for investors with a partially occupied asset in a highly visible, growing residential area. Property is subject to covenants and restrictions under Bedford Commercial. Great Lane is a private road. Proforma cap rate 5.96%
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,400 SF
Building Class
B
Year Built
2019
Price
$4,865,945 CAD
Price Per SF
$467.88 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.31 AC
Zoning
HC - Highway Commercial
Parking
62 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Drive Thru
- Monument Signage
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 494660101388 | Improvements Assessment | $1,466,588 CAD |
| Land Assessment | $865,106 CAD | Total Assessment | $2,331,694 CAD |
Property Taxes
Parcel Number
494660101388
Land Assessment
$865,106 CAD
Improvements Assessment
$1,466,588 CAD
Total Assessment
$2,331,694 CAD
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
101-129 Great Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.