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Retail and Office Corner Space
For Lease
$1,820/Mo

116-1047 Murchison Rd, Fayetteville, NC 28301

Available retail and office space at a signalized corner with reported daily traffic of 12,500 vehicles per day.

Space SizeContact for details
Days on Market827

Property Features for 116-1047 Murchison Rd

General Information

Standard status Active

Additional Details

Traffic Count 12,500 vehicles/day
Listing Agency: GRANT-MURRAY HOMES
Listed By: RAYMOND SHARP · License #258881
Source: Exprealty
Added: Jun 13, 2024 Changed: Sep 11 Last Checked: Sep 17 at 1:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GRANT-MURRAY HOMES

Investment Insights

Based on property information with market context.

Bronco Midtown offers available retail and office space in a multi-tenant property totaling over 32,000 square feet. The space is positioned on a signalized corner and is described as being suitable for business and/or service use.

The property is located across from Fayetteville State University. Public remarks also indicate a daily traffic count of 12,500 vehicles per day and that the center sits between Bragg Blvd and downtown Fayetteville.

Bronco Midtown is reported to include a number of established nearby tenants and organizations, including Chick-fil-A, McAllister’s Deli, the Fayetteville Area Chamber of Commerce, and the Fayetteville-Cumberland Regional Entrepreneur and Business HUB.

Key Highlights

  • Bronco Midtown offers available retail and office space across from Fayetteville State University
  • Located on a signalized corner
  • More than 32,000 SF of retail and office space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12,500 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28301, NC

17,670
Population
8,590
Households
2.1
Avg Household Size
35
Median Age
17%
College-Educated
88%
High-School Grad
12.4 sq mi
ZIP Area
1,425
Density / Sq Mi
$36,955
Median Household Income
$28,350
Median Earnings
$926
Median Rent
$109,900
Median Home Value

Market

Lease Benchmarks for Fayetteville, NC

$17.92 /SF/Yr
Avg Asking Price
$5–$32.82 /SF/Yr
Price Range
4,187 SF
Avg Space Size

This space is priced 3% above the average of $17.92 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Available retail and office space at a signalized corner with reported daily traffic of 12,500 vehicles per day.
Where is this storefront property located?
The property is located at 116-1047 Murchison Rd Fayetteville, NC.
What is the lease rate?
The lease rate is $1,820/Mo.
What are key features of this property?
This property features: Bronco Midtown offers available retail and office space across from Fayetteville State University; Located on a signalized corner; More than 32,000 SF of retail and office space
More about this property
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