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951-973 Strickland Bridge Rd, Fayetteville, NC, 28304

RAEFORD STRIP CENTER
$4,069,000

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Highlights

INVESTMENT HIGHLIGHTS

  • Long Term Leases: No lease expirations before 2030.
  • Occupancy: 100% Tenant Occupancy, all with long terms leases in place.
  • Huge Drivers of Foot Traffic: The property is shadow anchored by Walmart Neighborhood Market and Starbucks (Top 75% Nationally Per Alpha Maps).
  • Newer Construction: Building was built in 2020 and has been kept in superb condition.
  • Diverse Tenant Mix: Anytime Fitness, Vape City, Luxe Nail Spa & Lashes, China 1 Restaurant, Exclusive Hair Designs.
  • Nearby Major Retailers: McDonalds, Target, Home Depot, Aldi, Food Lion, Walgreens, CVS… etc.
  • Large Service Pool: The property is located directly next door to Seventy- First Highschool which has +1,360 students and Seventy-First Classical Middle School which has +430 students.
  • Dense Population Demos: +152,000 in a 5-mile radius.

Location

Agents

Broker of Record

Brian Brockman

License # 298998 (NC)
Bang Realty-North Carolina Inc
11427 Reed Hartman Hwy Suite 236, Cincinnati, OH 45241

Key Information

Cap Rate
7%
$ per SF
$287
Tot. SF
14,164
Type
Shopping Centers