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7707-7711 S Raeford Rd 45,009 SF 100% Leased Retail Building Fayetteville, NC 28304 $20,750,849 CAD ($461.04 CAD/SF) 6.29% Cap Rate

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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 - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $1,524,501 $33.87
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,524,501 $33.87
Taxes - -
Operating Expenses - -
Total Expenses $218,778 $4.86
Net Operating Income $1,305,724 $29.01

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $1,524,501
Annual Per SF $33.87
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,524,501
Annual Per SF $33.87
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $218,778
Annual Per SF $4.86
Net Operating Income (CAD)
Annual $1,305,724
Annual Per SF $29.01

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
45,009 SF
Building Class
B
Year Built
2002
Price
$20,750,849 CAD
Price Per SF
$461.04 CAD
Cap Rate
6.29%
NOI
$1,305,724 CAD
Percent Leased
100%
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
  • -
  • -
  • RUE21
  • Retailer
  • 4,000 SF
  • -
  • -
  • 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 - -
RUE21 Retailer 4,000 SF - -
Shoe Show - 4,250 SF - -

NEARBY MAJOR RETAILERS

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9486-34-6480
Land Assessment
$2,086,970 CAD (2024)
Improvements Assessment
$4,984,600 CAD (2024)
Total Assessment
$7,071,570 CAD (2024)
  • Listing ID: 16301533

  • Date on Market: 2019-06-10

  • Last Updated:

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

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