Property summary
Stonegate Village Phase 2 offers exceptional office space in Raeford's thriving commercial corridor. This new construction development boasts three buildings totaling 26,800 square feet, situated on a 3-acre lot along heavily trafficked Fayetteville Road (Highway 401), averaging 29,000 vehicles daily. The property's Highway Commercial zoning allows for diverse business uses. Building 1, at 8578-8630 Fayetteville Road, features 11 potential suites, each approximately 1,400 square feet, delivered as a cold dark shell. Flexible lease options are available for these units, with a minimum divisible space of 1,400 square feet and a maximum contiguous space of 8,400 square feet. The property offers ample parking and a diverse tenant mix, creating a vibrant and convenient business environment. The total monthly rent, including taxes, insurance, and common area maintenance (TICAM) fees, is estimated at $3,000 for the first year for a 1,400 square foot space (subject to change). The property's convenient location near Hoke Hospital further enhances its appeal. This is an excellent opportunity for businesses seeking high visibility and a presence in a rapidly growing community. The property features a single-story design and has a total of 13 suites across all three buildings. APN numbers are 494660201240, 494660201514, 494660201568, and 494660201513.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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