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    101 Great Ln Raeford, NC 28376

    Sponsored
    For Lease
    $27 SF/Yr

    High-traffic Raeford retail center; suites available

    Lot size:
    10,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Shoppes at Bedford presents a prime retail investment opportunity in the thriving Raeford submarket of Hoke County. This single-story, 10,400 square foot Class B building, constructed in 2019, sits on a 1.31-acre lot at the entrance to the exclusive 250+ home Bedford residential subdivision. Its strategic location on Fayetteville Road/401, a major thoroughfare between Fayetteville and Raeford, ensures high visibility and significant daily traffic volume, estimated at approximately 30,000 vehicles. The property features eight individual suites, with a minimum divisible space of 1,300 square feet and a maximum contiguous space of 5,200 square feet. Currently, 7,800 square feet are available for lease. Existing tenants include Manhattan Deli & Grill and Game Time Barbershop, providing established anchors for the center. The property is zoned HC and boasts convenient access to a large residential population. This multi-tenant retail center offers a compelling investment opportunity with strong potential for growth and return. The property's location, coupled with its existing tenancy and available space, makes it an ideal choice for investors seeking a high-traffic retail location in a rapidly developing area. The parcel number is 494660101388.

    Property Features for 101 Great Ln

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,400 SF
    Class
    B
    Total Rate
    23998

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 109 - 121
    Size
    5,200 SF
    Rate per SF
    $27
    Space
    Unit 109
    Size
    1,300 SF
    Rate per SF
    $27

    HighLights

    • 8‑unit multi‑tenant retail property.
    • Located at the entrance to the 250+ home Bedford subdivision on Fayetteville Road/401.
    • High‑traffic location with approximately 30,000 cars daily.
    • Anchored by Manhattan Deli & Grill and Game Time Barbershop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Raeford
    County
    Hoke
    State
    North Carolina
    Longitude
    -79.127616193003
    Latitude
    35.031702848211

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    FAQs

    What type of property is this?
    Office Property / Space - High-traffic Raeford retail center; suites available
    Where is this office property / space located?
    The property is located at 101 Great Ln Raeford, NC.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: 8-unit multi-tenant retail property.; Located at the entrance to the 250+ home Bedford subdivision on Fayetteville Road/401.; High-traffic location with approximately 30,000 cars daily.
    Request Owner's contact information
    101 Great Ln Raeford, NC 28376
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    Raeford, NC 28376
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Great Ln Raeford, NC 28376
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