2915 Raeford RdFayetteville, NC 28303

For Sale
$425,000

Net-leased medical office; 8.29% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity in Fayetteville, NC, featuring a 2,200-2,300 square foot Class B medical office building located at 2915 Raeford Rd, unit 103. This single-tenant, net-leased property offers a strong 8.29% cap rate with a current NOI of $35,252. The property is situated on a high-traffic section of Raeford Road, ensuring excellent visibility and accessibility. The lease is a NNN (triple net) lease with a remaining term of approximately 1.1 years, expiring December 31, 2025, and commenced July 5, 2011. The building features six private offices, a spacious waiting room, an open work area, a conference room, a reception area, a dedicated supply/copier room, and two restrooms. The asking price is $425,000. Occupancy commenced January 1, 2023. This is a prime investment opportunity for those seeking a stable, high-return medical office investment in a desirable location. The property's location and features make it an attractive option for both investors and medical professionals. The lease term provides a short-term holding period with potential for future lease renewal or repositioning.

Highlights

  • $425,000 asking price for a Class B, 2,200-2,300 square foot medical office building.
  • Net lease investment opportunity with an 8.29% cap rate.
  • Single-tenant, NNN lease with 1.1 years remaining (expires 12/31/2025).
  • Located at 2915 Raeford Rd, unit 103, Fayetteville, NC 28303.
  • $35,252 annual NOI.

Property Details for 2915 Raeford Rd

Property type
Other office properties, Medical offices
Square Feet
2,200 SF
Class
B
Units
1

Location Insight

City
Fayetteville
County
Cumberland
State
North Carolina
Latitude
35.0446788
Longitude
-78.9284264
2915 Raeford Rd, Fayetteville, North Carolina
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2915 Raeford Rd
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