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Medical Office with Ample Parking

1617 Owen Drive, Fayetteville, NC 28304

For Lease
$4,250/Mo

OI-zoned premises previously occupied as a medical office, positioned opposite Cape Fear Hospital.

Space Size6,000 SF
Property Size6,431 SF
Days on Market1103

Property Features for 1617 Owen Drive

General Information

Standard status Active
Size 6,000 SF
Net Rentable 6,000 SF
Total Parking Spaces 9
Zoning OI - Office And Institutional

Space & Availability

Available Space 6,000 SF
Space Use Medical Office

Building Details

Building Size 6,431 SF
Year Built 1960
Listing Agency: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Listed By: The Pennink Teams Powered By Coldwell Banker Advantage · License NC #32434
Source: Lynnrichardsgroup
Added: Nov 9, 2023 Changed: Nov 15 Last Checked: Nov 15 at 2:01AM

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 COLDWELL BANKER ADVANTAGE - FAYETTEVILLE

Rey
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Investment Insights

Based on property information with market context.

This 6,431-square-foot property was built in 1960 and has had a medical office as its primary occupancy. The building offers commercial space suited to office and institutional zoning under OI designation.

The property is on Owen Drive in Fayetteville, directly across from Cape Fear Hospital. On-site parking is available.

Key Highlights

  • 6,431 square feet of commercial space
  • OI - Office And Institutional zoning
  • Across from Cape Fear Hospital on Owen Drive

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr. Debi P. ... Physician Owen Drive Surgical ... Physician Schmitt Inc Hardware & Home Improvement Rumbaugh Family Treatment ... Foster Care Service

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Furniture & Home Goods Garden Center

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

NNN (Triple Net)
Lease Type
$1.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,816
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28304, NC

37,120
Population
16,424
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
2,133
Density / Sq Mi
$57,867
Median Household Income
$35,907
Median Earnings
$1,218
Median Rent
$154,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Similar Off Market Nearby

  • Peak Performance Mobile Veterinary Services — 3035 Boone Trail Exd, Fayetteville, NC 28304
  • Bostic Clifford N DVM — 3602 raeford rd, fayetteville, nc 28304
  • Academy Pet Hospital — 200 Owen Dr, Fayetteville, NC 28304
  • Department of Veterans Affairs Integrated Disability Evaluation System — 2301 Robeson St #103, Fayetteville, NC 28305

Frequently Asked Questions

What type of property is this?
Medical Office Space - OI-zoned premises previously occupied as a medical office, positioned opposite Cape Fear Hospital.
Where is this medical office space located?
The property is located at 1617 Owen Drive Fayetteville, NC.
What is the lease rate?
The lease rate is $4,250/Mo.
What are key features of this property?
This property features: 6,431 square feet of commercial space; OI - Office And Institutional zoning; Across from Cape Fear Hospital on Owen Drive
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