220 Gridley Ln Raeford, NC 28376
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.
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
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