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708 Laurinburg Rd
Raeford, NC 28376
Raeford Auto Lube Express · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • LEASE EXPIRATION: February 28, 2038
  • RENEWAL OPTIONS: Four 5-Year Renewals
  • RENT ESCALATIONS: 10% Every 5-Years
  • LEASE TERM: 15 Years from RCD
  • EXPENSES: Zero Landlord Responsibilities

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,778 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.78 AC
Zoning
C - Commercial
Parking
6 Spaces (3.37 Spaces per 1,000 SF Leased)
Frontage
178’ on West Palmer Street

AMENITIES

  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
694241101027
Land Assessment
$44,730
Improvements Assessment
$120,010
Total Assessment
$164,740
  • Listing ID: 28222710

  • Date on Market: 4/13/2023

  • Last Updated:

  • Address: 708 Laurinburg Rd, Raeford, NC 28376

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