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Three-Unit Retail Space
For Lease
$2,200/Mo

403 Gillespie Street, Fayetteville, NC 28301

CommercialLease, Fayetteville, NC

Space Size1,470 SF - 4,410 SF
Days on Market384

Property Features for 403 Gillespie Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description LC - Limited Commercial
Parking features Parking Lot, Off Street
Subdivision NOT IN SUBDIVISION
Standard status Active
APN PIN 0437518663

Taxes and HOA fees

Tax Description RAZZAQ LLC RECOMB SE:01 PL:0136-0031
Legal Description RAZZAQ LLC RECOMB SE:01 PL:0136-0031

Utilities

Sewer type Public Sewer
Water source Public

Amenities

street-facing entrance
rear parking lot entrance

Building Details

Building materials BrickVeneer
Listing Agency: CAROLINA SUMMIT GROUP #2
Listed By: TRACY BILLUPS · License #354690
Added: Aug 12, 2025 Changed: Aug 26 Last Checked: Aug 30 at 5:06AM
MLS# 748600

Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Campbell Square is a three-unit retail property totaling approximately 4,410 square feet. Each suite measures approximately 1,470 square feet and is delivered in vanilla shell condition, allowing the spaces to be leased separately or combined. Individual storefronts include both street-facing and rear parking lot entrances, with brick veneer construction and public water and sewer service.

The property fronts Gillespie Street in downtown Fayetteville, with additional access from Dick Street via Campbell Avenue. Its location is approximately half a mile from the Cumberland County Courthouse and nearby municipal offices, including City Hall, the Chamber of Commerce, and the Sheriff's Department. The site records visibility to more than 9,200 vehicles per day and provides 21 parking spaces, including two ADA-accessible spaces.

Key Highlights

  • Approximately 4,410 square feet across three retail units
  • Each unit offers approximately 1,470 square feet
  • Vanilla shell delivery; units may be leased separately or combined

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Dental Office Bakery Furniture & Home Goods Restaurant

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

9,200 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,569
Businesses Nearby

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

$17.02 /SF/Yr
Avg Asking Price
$5–$32.82 /SF/Yr
Price Range
3,011 SF
Avg Space Size

This space is priced 65% below the average of $17.02 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Vanilla shell suites offer flexible layouts with entrances from Gillespie Street and the rear parking area.
Where is this retail space located?
The property is located at 403 Gillespie Street Fayetteville, NC.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Approximately 4,410 square feet across three retail units; Each unit offers approximately 1,470 square feet; Vanilla shell delivery; units may be leased separately or combined
More about this property
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