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Walgreens Drugstore Under Absolute NNN Lease
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7860 Raeford Rd, Fayetteville, NC 28304

Freestanding pharmacy investment with corporate-backed occupancy and access from two adjoining roadways.

Property SizeContact for details
Lot Size2.58 Acres
Days on Market145

Property Features for 7860 Raeford Rd

General Information

Standard status Active
Lot size 2.58 Acres
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 41,000 vehicles/day
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Acropolis Commercial Advisors LLC
Listed By: Eric Wasserman · License #FL CQ1057427
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:22PM

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 Acropolis Commercial Advisors LLC

Investment Insights

Based on property information with market context.

This Walgreens drugstore occupies a 2.58-acre parcel at 7860 Raeford Rd in Fayetteville, North Carolina. The property sits at the signalized junction of Raeford Road (US Hwy 401) and Cliffdale Road, with ingress and egress available from both streets and multiple curb cuts. The site records exposure to more than 41,000 vehicles per day.

The property is leased under an absolute NNN structure, with Walgreens providing a corporate guarantee and no landlord responsibilities identified in the lease terms. A long-term extension runs through 2034, with rental increases scheduled at the start of each option period. The store is a former Rite Aid location that Walgreens assumed in 2018. Interstate 295 is approximately 1.5 miles away, and the site is near the Fayetteville VA Medical Center, Hoke Hospital, residential subdivisions, a Walmart Supercenter-anchored center, and a Lowe’s-anchored center.

Key Highlights

  • 2.58‑acre parcel at the corner of Raeford Road (US Hwy 401) and Cliffdale Road
  • More than 41,000+ VPD at a signalized intersection
  • Ingress and egress from both roadways with multiple curb cuts

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Rite Aid Grocery & Convenience Store Walgreens Pharmacy Pharmacy Walgreens Pharmacy FedEx OnSite Postal Service

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Auto Repair Shop Big Box & Wholesale Store Auto Parts 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.

Lease Details

41,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby
363k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 28% Home Improvements & Furnishings 15% Groceries 7%
Lowe's Home Improvements & Furnishings
33,866 visits/mo 0.4 miles
Murphy USA Shops & Services
32,399 visits/mo 0.4 miles
McDonald's Dining
29,606 visits/mo 0.3 miles
Food Lion Grocery Store Groceries
24,541 visits/mo 0.2 miles
Dollar Tree Shops & Services
21,469 visits/mo 0.5 miles

Demographics for 28304, NC

37,120
Population
16,424
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
2,133
Density / Sq Mi
$57,867
Median Household Income
$35,907
Median Earnings
$1,218
Median Rent
$154,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Ashley Abee 7701 S Raeford Rd, Fayetteville, NC 283046130
  • Leighton O. Monroe, PharmD 7701 S Raeford Rd, Fayetteville, NC 28304
  • Walmart Pharmacy 7701 S Raeford Rd, Fayetteville, NC 28304
  • CVS Pharmacy 9539 Cliffdale Rd, Fayetteville, NC 28304, United States
  • PSN Nutrition 7835 Good Middling Dr Suite 126, Fayetteville, NC 28304

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding pharmacy investment with corporate-backed occupancy and access from two adjoining roadways.
Where is this drug store located?
The property is located at 7860 Raeford Rd Fayetteville, NC.
What are key features of this property?
This property features: 2.58‑acre parcel at the corner of Raeford Road (US Hwy 401) and Cliffdale Road; More than 41,000+ VPD at a signalized intersection; Ingress and egress from both roadways with multiple curb cuts
More about this property
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