Highland Executive Buildings 2504 Raeford Rd 18,873 SF 100% Leased Office Building Fayetteville, NC 28305 $3,130,582 CAD ($165.88 CAD/SF) 7.75% Cap Rate

Grant-Murray Real Estate is pleased to present Highland Executive Building, a professionally managed, 100% leased multi-tenant executive office investment located at 2500 & 2504 Raeford Road in Fayetteville, North Carolina. Positioned along one of Fayetteville’s primary commercial corridors, the Property offers investors proven stable in-place cash flow, a history of strong tenant demand, and upside through raising existing rents to market, as well long-term infill development potential.
The Property consists of two multi-tenant office buildings totaling approximately 18,873 square feet on ±0.93 acres and is currently leased to a diversified mix of medical, defense-related, professional service, and local government-related users.
Ownership has strategically re-positioned the asset to align with modern post-Covid office demand by creating a variety of smaller executive suite configurations, resulting in full occupancy and a current tenant waitlist. Since acquisition, ownership has invested more than $170,000 in capital improvements, including HVAC upgrades, interior suite renovations, common area enhancements, parking lot improvements, and roof work, significantly reducing deferred maintenance and positioning the asset as a turnkey investment opportunity.
Professionally managed and leased by Grant Murray Property Management for over a decade, the Property benefits from established operational infrastructure and a proven leasing history within one of Fayetteville’s strongest office submarkets, currently reporting approximately 1.4% office vacancy.
Near Fort Bragg, the largest military installation by population in the world and an $8.8 billion annual economic engine, the Property benefits from the region’s non-economically sensitive steady employment, continued population growth, and strong demographic trends. Additionally, the asset sits within the highly desirable Haymount / Highland Country Club Raeford Retail Corridor, surrounded by established restaurants, financial institutions, and some of the most premier residential neighborhoods in the area, all support long-term tenant demand.
The Highland Executive Buildings represent an opportunity to acquire a stabilized, income-producing office asset with immediate cash flow, meaningful mark-to-market rental upside, and long-term land value appreciation along one of Fayetteville’s premier commercial corridors.