101 Great Ln Raeford, NC 28376
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.
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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