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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$4.69 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 Jim 'N Nick's BBQ ground lease in Fayetteville, NC home to the largest military base in the world, Fort Bragg. The 1.84-acre parcel is situated less than one-half mile to Interstate 295 along a busy and established retail corridor anchored by Walmart, Lowe's, Aldi, Chick-fil-A, major healthcare facilities, educational institutions and more. Strategically positioned at the hard signalized corner of S Raeford Rd and Gillis Hill Rd (61,500 VPD) and part of the new 36-acre Sandhills Gateway, Jim 'N Nick's benefits from a new 312-unit apartment complex and best-in-class co-tenancy including Dutch Bros, Whataburger, Sheetz, Starbucks, Five Guys, Texas Roadhouse, Panda Express, Chipotle and Valvoline.

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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 $100B in revenue across 117,000+ locations
  • Jim N Nick's has grown to 63 locations across 7 states - a 68% increase from just 38 stores in late 2017

SANDHILLS GATEWAY OUTPARCEL | ADJACENT TO WALMART SUPERCENTER WITH 2.3M 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 the 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, McDonalds, Food lion, Tractor supply, and more
  • Strategically positioned at the signalized corner of S Raeford Rd and Gillis Hill Rd (61,500 VPD), less than half a mile from I-295
  • Jim 'N Nick's sits within Sandhills Gateway, a 36-acre mixed used 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 ($8B+ IMPACT) | MAJOR EDUCATION & HEALTHCARE INSTITUTIONS

  • Jim 'N Nick's is situated 8 miles from Fort Bragg, the largest military base in the world, supporting roughly 265,000 people on campus | Fort Bragg has 52,000+ active-duty soldiers and an annual economic impact of $8B+ 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 4th largest school district in North Carolina
  • Within a 4-mile radius of Sandhills Gateway, there are more than 10,000 students across elementary, middle and high school facilities
  • One of the largest employers in Fayetteville is Cape Fear Valley Health System with 7,500+ 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 campuses along S Raeford Rd
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7595 S Raeford RdFayetteville, NC 28314

CONTACT US

Adam BirnbreyManaging Director of Investment Sales(404) 934-5558adam.birnbrey@tscg.com
Justin LatoneManaging Director, Investment Sales

License #: GA 329650

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