2500 Raeford Rd - Medical FOR SALE


Fayetteville, NC 28305- Terry Sanford
$2,125,000 USD
910-818-3252
2500 Raeford Rd, Fayetteville, NC for Sale
$2,125,000 USD
Medical - FOR SALE
1/28
null | 8.29% Cap Rate

2500 Raeford Rd
Fayetteville, NC 28305
Terry Sanford


HIGHLIGHTS

  • Located near Fort Bragg, a major economic driver with over 48,000 active troops and significant regional impact.
  • 100% leased to 28 diverse tenants with a waitlist, ensuring dependable cash flow.
  • $170K+ of capital improvements since 2024, including HVAC upgrades and interior renovations.
  • High traffic exposure with 30,000 VPD on Raeford Rd and 21,000 VPD on Robeson St.
  • Amenity-rich location with national retailers, financial institutions, and dining within walking distance.
  • Professionally managed, reducing operational complexity for ownership.

OVERVIEW

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. 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.

FOR SALE DETAILS

PRICE

$2,125,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

8.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Highland Executive Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,153 SF

ZONING

CC

APN/PARCEL ID

0427-41-4859,0427-41-5920,0427-41-5957

ASK ABOUT THIS PROPERTY

Neil GrantGrant-Murray Real Estate LLCMore Info
910-818-3252

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Neil GrantGrant-Murray Real Estate LLCMore Info
910-818-3252

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