Highland Executive Building 2500 Raeford Rd 18 873 pi² 100% Loué Bureau Immeuble Fayetteville, NC 28305 2 943 571 $ CAD (155,97 $ CAD/pi²) 8,29% Taux de capitalisation

The Highland Executive Buildings at 2500 and 2504 Raeford Road present a rare opportunity to acquire a fully stabilized, multi-tenant office investment within one of Fayetteville’s most established commercial corridors. This 0.93-acre property encompasses two renovated two-story office buildings totaling over 18,800 square feet and is 100% occupied by 28 tenants across diverse business sectors, offering consistent income with minimal risk.

An out-of-state owner bought the property and aggressively turned over approx. 50% of the existing tenant base in 2024 & 2025. They solved the building's dated mechanical issues and significantly refreshed/remodeled units, replaced a roof, and modernized the HVAC system. There is still rent upside with the new higher quality tenant base, as the property offers value to tenants beyond current rents vs market rents.

Recent capital improvements exceeding $170,000 since 2024 include HVAC upgrades, common area enhancements, and roof replacements, positioning the property for sustained long-term performance. The buildings are professionally managed and leased by Grant Murray Real Estate, ensuring operational efficiency and tenant satisfaction.

Perfectly situated along Raeford Road’s high-visibility corridor with traffic counts over 30,000 vehicles per day, the property benefits from proximity to Fort Bragg—the largest military installation in the United States—and the exclusive Highland Country Club. Tenants and visitors enjoy immediate access to a dense amenity base with national retailers, banks, dining, and service providers within walking distance.

This investment offers an in-place NOI of $176,248 with an 8.30% cap rate and upside potential through future lease adjustments, making it a compelling option for investors seeking stable cash flow and long-term appreciation in a thriving North Carolina growth market.