- For Lease $24.00/SF/YR
- Property Type Other
- Date Updated May 15, 2026
Description
Avison Young is pleased to present 7724 Raeford Road, a unique commercial property strategically located just off U.S. 401/S Raeford Rd, Fayetteville, NC — a highly amenitized, easily accessible corridor with abundant retailers, restaurants and services nearby. Situated on ±3.39 acres, the Property consists of one three-story office building totaling ±20,193 square feet, and has been site plan approved for a second ±20,193-sf building. The Property is currently 33% leased to a well-established medical practice with a remaining lease term of 3+ years and three 10-year renewal options. Prominent monument and building signage available along Raeford Road provide occupiers with visibility, and a healthy parking ratio of 4.77 spaces per 1,000 square feet accommodates a wide variety of uses including, general office, healthcare clinics and mental and behavioral health. With land and construction prices increasing to new highs, the offering presents a tremendous opportunity to acquire a first-class asset at a price well below replacement cost in a prime location.
Highlights
- Adaptable building with zoning capable of accommodating a variety of uses
- Ample dedicated surface parking with a ratio of 4.77/1,000 with potential for an additional 75 surface spaces to satisfy an assortment of tenancies
- Excellent regional connectivity strategically located off a highly amenitized corridor with easy access to I-295, downtown Fayetteville, I-95, and regional destinations
- Parcel suitable for tenants requiring an outdoor area, offering approximately 12,500 SF of open space
- Priced well below replacement cost, the offering presents investors with the opportunity to acquire a high-quality, income-producing asset at an attractive basis
- Prominent monument and building signage providing tenants with added visibility
- Rare, office investment opportunity that also accommodates owner/occupant use
- Site plan approved for twin building on same parcel, with retention pond and a portion of parking lot already in place
True
2 Spaces Available
New Availability - First floor
Medical Office
$24.00/SF/YR
6,371 SF
First
6,371 - 6,371 SF
Yes
No
Full build out
New Availability - Second Floor
Office
$24.00/SF/YR
6,731 SF
Second
6,731 - 6,731 SF
Yes
No
Full build out
Contacts
Avison Young
Avison Young - US - NC - Raleigh
