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Three-Unit Strip Mall in Vanilla Shell Condition
For Lease
$2,200/Mo

403 Gillespie Street, Fayetteville, NC 28301

COMMERCIAL - Fayetteville, NC

Space Size1,470 SF - 4,410 SF
Lot Size0.73 Acres
Days on Market370

Property Features for 403 Gillespie Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning LC
Parking features Parking Lot, Off Street
Subdivision Not In Subdivision
Lot features Corner Lot
Directions From the Martin Luther King Junior Freeway/NC-87 in Fayetteville, take exit 103 for Gillespie St toward Downtown. Turn left onto Gillespie St. Continue until intersection with Campbell Ave & Bount St. Property located on right before you pass the Citgo gas station
Standard status Active
APN 0437518663
Size 1,470 SF
Lot size 0.73 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description RAZZAQ LLC RECOMB SE:01 PL:0136-0031
Expense value 2200
Expense SecurityDeposit
Expense freq. One Time
Legal Description RAZZAQ LLC RECOMB SE:01 PL:0136-0031

Building Details

Year built 2018
Flooring type Concrete
Listing Agency: Carolina Summit Group, LLC
Listed By: George Manley · License #265776
Added: Aug 8, 2025 Changed: Aug 5 Last Checked: Aug 12 at 8:06AM
MLS# 100524554

Copyright © 2026 Hive MLS. 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/office strip totaling approximately 4,410 square feet, delivered in vanilla shell condition. Each unit provides approximately 1,470 square feet of flexible space and can be leased individually or combined for a larger footprint. Concrete flooring is included, and the layout supports both street-facing access and rear parking lot entries.

The site is situated along Gillespie Street with access via Dick St from Campbell Avenue. Campbell Square offers visibility to over 9,200 vehicles per day and is positioned about half a mile from the Cumberland County Courthouse and other municipal facilities. Nearby government offices include City Hall, the Chamber of Commerce, and the Sheriff’s Department.

The property sits on approximately 0.73 acres and includes 21 parking spaces, including two ADA-accessible spots, with parking lot access supporting convenient arrivals from both the front and rear.

Key Highlights

  • Three retail/office units totaling approximately 4,410 SF; individual units approximately 1,470 SF
  • Delivered in vanilla shell condition with concrete flooring
  • Zoned LC and built in 2018

Property Analytics

Current Use

Strip malls

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

Location Intelligence

Trade Area within ½ mile

324
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

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?
Strip mall - Three retail/office units in vanilla shell condition with LC zoning, 21 parking spaces, and flexible street- and rear-entry access.
Where is this strip mall 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: Three retail/office units totaling approximately 4,410 SF; individual units approximately 1,470 SF; Delivered in vanilla shell condition with concrete flooring; Zoned LC and built in 2018
More about this property
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