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    220 Gridley Ln Raeford, NC 28376

    Sponsored
    For Lease
    $18 SF/Yr ($15,000 /Mo)

    2,000 SF Available, Modern Office

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,000 square foot creative office space is available for lease within a 10,000 square foot Class A building located at 220 Gridley Ln, Raeford - Fayetteville, NC, in Hoke County. Built in 2017 and renovated in 2023, the single-story building boasts a 12-foot ceiling height and ample parking with 51 spaces available. The property sits on one acre of land and is zoned commercial. The space is currently vacant and will be delivered in shell condition, featuring a concrete floor, paint-ready walls, a dropped ceiling with fluorescent lighting, and HVAC. A handicapped-accessible restroom is conveniently located in the rear. The minimum divisible space is 2,000 square feet, with a maximum contiguous space also at 2,000 square feet. The building currently houses two suites, with the other suite occupied by a child therapy business. Utilities are South River. The property is easily accessible via Midway Dr. This is a fantastic opportunity for a business seeking modern, efficient, and conveniently located office space in a thriving submarket. The lease rate is $18 per square foot, NNN.

    Property Features for 220 Gridley Ln

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    A
    Total Rate
    15000

    Building Details

    Year Built/Renovated
    2017/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,000 SF
    Rate per SF
    $18

    HighLights

    • 10,000 SF Class A office/retail building with 2,000 SF of vacant space available.
    • 2,000 SF minimum divisible space, maximum contiguous space is 2,000 SF.
    • Located at 220 Gridley Ln, Raeford - Fayetteville, NC, in Hoke County.
    • One‑story building built in 2017, renovated in 2023, offering 12' ceilings and 51 parking spaces.
    • Space delivered in shell condition; includes HVAC, dropped ceiling with fluorescent lighting, and handicapped‑accessible restroom.
    • $18/SF NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Raeford
    County
    Hoke
    State
    North Carolina
    Longitude
    -79.125965533949
    Latitude
    35.031714653278

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    FAQs

    What type of property is this?
    Office space - 2,000 SF Available, Modern Office
    Where is this office space located?
    The property is located at 220 Gridley Ln Raeford, NC.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF Class A office/retail building with 2,000 SF of vacant space available.; 2,000 SF minimum divisible space, maximum contiguous space is 2,000 SF.; Located at 220 Gridley Ln, Raeford - Fayetteville, NC, in Hoke County.
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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

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    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
    220 Gridley Ln Raeford, NC 28376
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