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7701-7713 S Raeford Rd
226,233 SF 100% Leased Retail Building Fayetteville, NC 28304 $14,000,000 ($62/SF) 6.81% Cap Rate
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
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$1,099,552
|
$4.86
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,099,552
|
$4.86
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$146,212
|
$0.65
|
| Net Operating Income |
$953,340
|
$4.21
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $1,099,552 |
| Annual Per SF | $4.86 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,099,552 |
| Annual Per SF | $4.86 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $146,212 |
| Annual Per SF | $0.65 |
| Net Operating Income | |
|---|---|
| Annual | $953,340 |
| Annual Per SF | $4.21 |
Property Facts
Amenities
- Pylon Sign
- Restaurant
- Signalized Intersection
- Air Conditioning
About 7701-7713 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
- -
- -
-
- Retailer
- 4,000 SF
- -
- -
rue21 loves making cool, casual clothes for the raddest people they know. It is rue21's mission to provide the latest trends with an affordable price tag. rue21 is different (i.e. rue21 never stops moving!). rue21 works fast so that they can bring their customers the newest styles that don’t exist anywhere else. rue21 believes that fashion should be fun and accessible to all. That jeans should be well made and worn just about everywhere. And that those endless nights their customers always remember should be spent in clothes that make they look and feel great. rue21 embraces unexpected road trips, hitting the snooze button and living life to the fullest.
- 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 | - | - | ||
|
|
Retailer | 4,000 SF | - | - | ||
| Shoe Show | - | 4,250 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Inline retail; former Rue21.
| Space | Size | Space Use | Position | Available |
| 7707 #105 | 5,140 SF | Retail | - | Dec 2024 |
7707 #105
| Size |
| 5,140 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Dec 2024 |
7707 #105
| Size | 5,140 SF |
| Space Use | Retail |
| Position | - |
| Available | Dec 2024 |
Inline retail; former Rue21.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 9486-34-6480 | Improvements Assessment | $3,549,476 (2023) |
| Land Assessment | $1,486,107 (2023) | Total Assessment | $5,035,583 (2023) |
PROPERTY TAXES
Presented by
7701-7713 S Raeford Rd
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