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Storefront with Private Office

229 Hay Street, Fayetteville, NC 28301

For Lease
$2,800/Mo

An open entry area is complemented by a breakroom and substantial storage.

Space Size1,197 SF
Days on Market776

Property Features for 229 Hay Street

General Information

Standard status Active
Size 1,197 SF
Net Rentable 1,197 SF
Zoning DT - Downtown

Space & Availability

Available Space 1,197 SF
Contiguous Space 1,197 SF

Additional Details

Corner Location Yes

Building Details

Building Size 1,197 SF
Listing Agency: FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
Listed By: Deno Hondros · License NC #174672
Source: Lynnrichardsgroup
Added: Oct 1, 2024 Changed: Nov 15 Last Checked: Nov 15 at 2:00AM

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 FRANKLIN JOHNSON COMMERCIAL REAL ESTATE

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Investment Insights

Based on property information with market context.

Available for lease, this 1,197-square-foot storefront is zoned DT - Downtown. Its layout includes an open area near the entrance, a separate office, a breakroom, and storage. The space is identified for retail or office business use, with industrial character noted among its features.

The property is at 229 Hay Street, at the Hay and Maxwell Streets corner in downtown Fayetteville. Nearby destinations include the Fayetteville-Cumberland Arts Council, The Cameo Theatre, and Pierro's Italian Bistro. Fayetteville Airport is approximately 4.5 miles away.

Key Highlights

  • 1,197‑square‑foot storefront available for lease
  • DT - Downtown zoning
  • Open entry area, separate office, breakroom, and storage

Property Analytics

Current Use

Kress OpenSpace Hotel & Motel Kress Open Space, ... Restaurant

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Catering Service Furniture & Home Goods

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
$4.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,974
Businesses Nearby
19k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
4,908 visits/mo 0.3 miles
Truist Shops & Services
4,196 visits/mo 0.4 miles
PNC Bank Shops & Services
3,436 visits/mo 0.5 miles
Wells Fargo Shops & Services
2,923 visits/mo 0.2 miles
Citgo Shops & Services
2,169 visits/mo 0.5 miles

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

$18.7 /SF/Yr
Avg Asking Price
$5–$32.82 /SF/Yr
Price Range
4,453 SF
Avg Space Size

This space is priced 50% above the average of $18.7 /SF/Yr.

Average Price Trend$/SF/Yr for Storefront properties in Fayetteville, NC

$15.62 Jul
$18.25 Aug
$17.86 Sep
$20.21 Oct

Properties on Market for Storefront properties in Fayetteville

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - An open entry area is complemented by a breakroom and substantial storage.
Where is this storefront property located?
The property is located at 229 Hay Street Fayetteville, NC.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: 1,197‑square‑foot storefront available for lease; DT - Downtown zoning; Open entry area, separate office, breakroom, and storage
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Includes: Price & PSF · Cap rate · Location · Zoning

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