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7595 S Raeford RdFayetteville, NC 28314
New 15-Year Jim 'N Nick's Bar-B-Q | Fayetteville, NC
Asset ClassRetail
Deal Size$4.61 M
Land: 1.84 AcresYear Built: 2026Lease-Term Remaining: 15 YearsAccess Data Room
Brand New 15-Year Ground Lease | Pin-Corner 61,500 VPD | Part of 36-AC Sandhills Gateway | Mins to Fort Bragg
overview of deal

Overview

TSCG is pleased to offer for sale a brand-new 15-year absolute NNN Jim 'N Nick's Bar-B-Q ground lease in Fayetteville, NC.​ Strategically located within Sandhills Gateway, a 36-acre mixed-use development at the signalized corner of South Raeford Rd (US-401) and Gillis Hill Rd (61,500+ combined VPD), the Property is surrounded by Walmart Supercenter (3.2M visits), Lowe's, Chick-fil-A, Aldi, Discount Tire and more.​ The site is minutes from Fort Bragg, the largest military installation in the world (by population), and sits directly in front of The Waters of Fayetteville, a 312-unit multifamily development bringing residents within walking distance by 2029.​

Investment Highlights

NEW CONSTRUCTION | 15-YEAR ABSOLUTE NNN GROUND LEASE | LARGE 1.84-ACRE PAD | DOUBLE DRIVE-THRU EQUIPPED

  • Brand new 2026 construction, featuring a 4,200 SF building on the front-facing corner of the Sandhills Gateway 36-acre development | The building is equipped with the newest double drive-thru prototype on a large parcel with significant parking
  • 15-year absolute NNN ground lease with 10% rent bumps every 5 years during the initial term and three, 5-year renewal options
  • Jim ‘N Nick’s is owned by Roark Capital, one of the most active private equity sponsors in the restaurant industry | Roark is an Atlanta-based private equity firm with over $41B in assets under management | Roark brands generate approximately $97B in revenue across 112,000+ locations
  • Jim ‘N Nick’s has grown to 63 locations across 7 states, a 70.3% increase from just 37 stores in late 2017

SANDHILLS GATEWAY OUTPARCEL | ADJACENT TO WALMART SUPERCENTER WITH 3.2M VISITS | 61,500 VPD

  • Outparcel to Waters at Fayetteville, a 312-unit apartment development estimated to be complete in 2029, bringing customers within walking distance to Jim ‘N Nick’s
  • Immediately adjacent to the Walmart-anchored Westside Village shopping center (3.2M visits annually)
  • Other notable retailers in the immediate area include Lowe’s, Aldi, Wendy’s, Chick-fil-A, Discount Tire, McDonald’s, Food Lion, Tractor Supply, and more
  • Strategically positioned at the signalized corner of S Raeford Rd and Gillis Hill Rd (61,500 VPD), approximately half a mile from I-295
  • Jim ‘N Nick’s sits within Sandhills Gateway, a 36-acre mixed-use development consisting of 312 apartment units and a synergistic blend of retail, restaurants, and service users | The co-tenancy includes Chipotle, Dutch Bros, Whataburger, Panda Express, Valvoline, Sheetz, Texas Roadhouse, Five Guys and Starbucks

FORT BRAGG-ANCHORED ECONOMY ($10.7B+ IMPACT) | MAJOR EDUCATION & HEALTHCARE INSTITUTIONS

  • Jim ‘N Nick’s is situated 8 miles from Fort Bragg, the largest military base in the world (by population), supporting a total community of 265,000+| Fort Bragg has ~48,500 active duty soldiers and an annual economic impact of $10.7B+ to the state
  • Fayetteville is the 6th largest city in North Carolina with 209,000 residents| The city’s population has grown 73% since 2000
  • Cumberland County Schools operates 85+ public schools serving 49,000 students, making it the 5th largest school district in North Carolina
  • Within a 4-mile radius of Sandhills Gateway, there are ~7,700 students across elementary, middle and high school facilities
  • One of the largest employers in Fayetteville is Cape Fear Valley Health System with 7,000+ employees | Cape Fear Valley Hoke Hospital is ~3 miles west of the Property | Jim ‘N Nick’s benefits from its close proximity to three medical facilities along S Raeford Rd: US Department of Veterans Affairs, Cape Fear Valley Hoke Hospital and FirstHealth Moore Regional Hospital - Hoke
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7595 S Raeford RdFayetteville, NC 28314

CONTACT US

Justin LatoneManaging Director, Investment Sales

License #: GA 329650

(470) 668-2720justin.latone@tscg.com
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