OFFERING SUMMARY

Raeford-Hoke Village is an established retail center located in Raeford, North Carolina. The 73,530 SF center is anchored by Food Lion, Peebles, CVS and Cato and is 92% occupied.

SUBMARKET OVERVIEW

Raeford sits 16 miles southeast of Southern Pines and 18 miles southwest of Fayetteville. The area thrives on industrial development and major employers include Unilever USA-HPC, Burlington Industries, the House of Raeford, Inc., and Tar Heel Turkey Hatchery.

The Center is well positioned on Highway 401 Bypass, the main retail corridor of Raeford. Surrounding retail tenants include McDonalds, Waffle House, Fidelity Bank, Dollar General, Auto Zone, KFC, Hardee's, Subway and Burger King. Raeford-Hoke Village is the largest shopping center in town and the only major grocery-anchored one. Another Food Lion center is the nearest competing center and is located 5 miles away on Fayetteville Road in the northeast part of town.