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6022 Raeford Rd 2,300 SF Retail Building Fayetteville, NC 28304 $1,546,249 CAD ($672.28 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Single Tenant Freestanding Sunoco in Fayetteville, NC
- 45 Minute Drive to Fayetteville Regional Airport (8.4 Mile Distance)
- High Traffic Counts - 46,600+ Vehicles Pass Site Per Day on Raeford Rd
- Dense Demographics - 9,700+ People Reside within 1 Mile Radius of Site - 72,900+ People Reside within 3 Mile Radius of Site
- 45,900+ Daytime Employees within 3 Mile Radius of Site
- Located in a Dense Retail Corridor Surrounded by Several National Tenants Including Walmart, Target, Starbucks, Burger King, and Many More
EXECUTIVE SUMMARY
NNN Sunoco with no landlord duties located in Fayetteville, NC. High-traffic corridor, strong population density, and rent bumps vary every 2 years.
$72K NOI | 6.5% Cap | 8+ Years Left
$72K NOI | 6.5% Cap | 8+ Years Left
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,300 SF
Building Class
C
Year Built
1984
Price
$1,546,249 CAD
Price Per SF
$672.28 CAD
Cap Rate
6.50%
NOI
$100,506 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
4.13 AC
Zoning
C1P - Commercial
Parking
30 Spaces (13.61 Spaces per 1,000 SF Leased)
Frontage
60’ on Raeford Rd
AMENITIES
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Raeford Fuels LLC
- Wholesaler
- -
- -
- -
-
- Retailer
- -
- -
- -
Sunoco has grown from its humble roots as a small oil company in Pittsburgh, PA, to one of the largest fuel distribution companies in the United States. Sunoco’s rich, 130 plus-year heritage, legacy and reputation for innovation, and commitment to its local communities are foundational elements of this iconic American brand. Today, Sunoco distributes fuel to over 5,000 gas station locations in more than 30 states.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Raeford Fuels LLC | Wholesaler | - | - | - | ||
|
|
Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0407-61-3208 | Improvements Assessment | $239,268 CAD |
| Land Assessment | $625,471 CAD | Total Assessment | $864,739 CAD |
PROPERTY TAXES
Parcel Number
0407-61-3208
Land Assessment
$625,471 CAD
Improvements Assessment
$239,268 CAD
Total Assessment
$864,739 CAD
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6022 Raeford Rd
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