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Net Leased Distribution Facility
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104 Midway Dr, Raeford, NC 28376

FedEx Ground distribution facility on 10.82 acres with expanded warehouse space and on-site parking area.

Property Size68,201 SF
Lot Size10.82 Acres
Days on Market123

Property Features for 104 Midway Dr

General Information

Standard status Active
Size 68,201 SF
Lot size 10.82 Acres
Property subtype Industrial

Building Details

Year Built 2001
Listing Agency: CBRE Atlanta
Listed By: Thomas Carr · License #374849
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE Atlanta

Investment Insights

Based on property information with market context.

This FedEx Ground distribution facility is offered as a net lease investment. The property comprises a distribution center originally built in 2001 and expanded twice, adding approximately 14,928 square feet in 2005 and 17,216 square feet in 2010. The parcel includes additional space for truck, trailer, van, and car parking if needed.

The facility is located at 104 Midway Dr, Raeford, NC, as part of the Fayetteville, NC MSA.

FedEx’s net lease has approximately 4.5 years remaining, with a 5% rent increase built into the one 5-year renewal option scheduled for 2027.

Key Highlights

  • 68,201 SF FedEx Ground distribution facility on 10.82 acres in Raeford, NC (Fayetteville, NC MSA).
  • FedEx net lease with approximately 4.5 years remaining and a 5% rent increase in the one 5‑year renewal option (2027).
  • Originally built in 2001 and expanded twice, adding approximately 14,928 SF in 2005 and 17,216 SF in 2010.

Property Analytics

Current Use

FedEx Ground Courier Service

Suggested Use

Top Pick Dental Office Law Firm Building Supply Nail Salon Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby

Demographics for 28376, NC

43,160
Population
16,834
Households
2.6
Avg Household Size
33
Median Age
23%
College-Educated
90%
High-School Grad
278.7 sq mi
ZIP Area
155
Density / Sq Mi
$61,793
Median Household Income
$40,858
Median Earnings
$1,091
Median Rent
$208,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - FedEx Ground distribution facility on 10.82 acres with expanded warehouse space and on-site parking area.
Where is this distribution center located?
The property is located at 104 Midway Dr Raeford, NC.
What are key features of this property?
This property features: 68,201 SF FedEx Ground distribution facility on 10.82 acres in Raeford, NC (Fayetteville, NC MSA).; FedEx net lease with approximately 4.5 years remaining and a 5% rent increase in the one 5‑year renewal option (2027).; Originally built in 2001 and expanded twice, adding approximately 14,928 SF in 2005 and 17,216 SF in 2010.
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