Current Use by Public Records
- Strip malls
Property Details for 8100 Fayetteville Rd
- Year built
- 2023
- Lot size
- 2.00 lot acres
- Property type
- Strip malls
- Property subtype
- Retail properties & Spaces
Description
Midway Plaza, a brand-new Class A retail strip center in Raeford, North Carolina, offers exceptional leasing opportunities. Located at 8100 Fayetteville Road, this 17,000 square foot property boasts 14 suites, situated on 2 acres of land and conveniently located between Fayetteville and Raeford. Currently, 6,000 square feet of space is available, divisible into units ranging from 1,200 to 3,600 contiguous square feet. Each space is delivered in shell condition, featuring concrete floors, paint-ready walls, dropped ceilings with fluorescent lighting, and HVAC systems. A handicapped-accessible restroom is included in each unit. Ample parking is provided with over 80 spaces, and a drive-through suite is available. The property benefits from a South River power supply and is zoned for commercial use in Hoke County. Annual taxes are $0.94 per square foot. The annual lease rate is $20 per square foot, NNN, with current NNN cost estimates at $2.04 per square foot annually. This prime location offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. Built in 2023, this property presents a unique opportunity for businesses seeking a modern, well-equipped space in a growing market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Raeford
- County
- Hoke
- State
- North Carolina
- Longitude
- -79.1233
- Latitude
- 35.0315
