101-129 Great Ln - Storefront Retail/Office FOR SALE


Raeford, NC 28376
$3,500,000 USD
910-603-8395
101-129 Great Ln, Raeford, NC for Sale
$3,500,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | Request Cap Rate

101-129 Great Ln
Raeford, NC 28376


HIGHLIGHTS

  • +/- 10,400 SF neighborhood retail center on 1.31 acres
  • Located at entrance to 250+ home Bedford subdivision
  • 7 of 8 suites leased (lease-up upside)
  • Frontage on Fayetteville Rd / US-401 (+/- 30,000 AADT)
  • Proforma cap rate 5.96%

OVERVIEW

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%

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

HC

APN/PARCEL ID

494660101388

ASK ABOUT THIS PROPERTY

George ManleyCarolina Summit Group, LLCMore Info
910-603-8395

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George ManleyCarolina Summit Group, LLCMore Info
910-603-8395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.