1230 Fayetteville Rd Raeford, NC 28376
Monroe's Crossing Phase 3 offers exceptional new construction office and retail space in the thriving Raeford submarket of Hoke County. This single-story, 12,000 square foot building features eight suites, each offering ample space for various business needs. Units range from a minimum of 1,500 square feet to a maximum contiguous space of 4,500 square feet, providing flexibility for diverse tenants. Located on Fayetteville Road/401, a major thoroughfare between Fayetteville and Raeford, this property boasts high visibility and significant traffic, with approximately 9,300 vehicles passing daily. The strategic location allows for excellent signage opportunities, ensuring maximum brand exposure. Ample parking is available for both staff and clients. The property sits on a 2.91-acre lot and is zoned for commercial use. End-cap units are available at $24 per square foot NNN, while in-line units are priced at $22 per square foot NNN. Built in 2023, this property presents a unique opportunity for businesses seeking modern, efficient, and highly visible space in a rapidly growing area. The property's APN is 694351301228. Currently, 4,500 square feet of space is available for lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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