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Flex Space with Warehouse
For Lease
$7,500/Mo

404 Chicago Dr, Fayetteville, NC 28306

Combined office, showroom, and warehouse space includes loading access, storage systems, and building support features.

Space Size10,000 SF
Days on Market19

Property Features for 404 Chicago Dr

General Information

Standard status Active
Size 10,000 SF
Net Rentable 10,000 SF

Space & Availability

Available Space 10,000 SF
Contiguous Space 10,000 SF
Furnished Yes

Lease Terms

Lease Rate $7,500 /USD/MO
Total Rate $7,500
Monthly Rent $7,500
Rent per SF/Year $9

Warehouse & Industrial

Warehouse Space 8,000 SF
Office Build-Out 2,000 SF

Additional Details

Highway Access Yes

Amenities

alarm system
IT room

Building Details

Year Built 2008
Building Size 10,000 SF
Listing Agency: FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
Listed By: FRANKLIN JOHNSON · License #146789
Source: Tcrnc
Added: Aug 12 Changed: Aug 30 Last Checked: Aug 30 at 3:04PM

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

Investment Insights

Based on property information with market context.

This 10,000-square-foot flex property combines a 2,000-square-foot office and showroom with an 8,000-square-foot warehouse. The warehouse is served by 2 bay doors, 2 gas-heated units, and cross-flow ventilation, with an alarm system and dedicated IT room. Included furnishings and equipment comprise office furniture, showroom racks, and warehouse racks. The HVAC system was recently serviced.

The property is located at 404 Chicago Dr in Fayetteville, next to Martin Luther King Freeway (Hwy 87). The freeway carries 24,000 VPD according to NC DOT 2022 data, providing direct connectivity for customer, client, and transport access. The building was constructed in 2008.

Key Highlights

  • 10,000 square feet comprising 2,000 square feet of office/showroom space and 8,000 square feet of warehouse space
  • Warehouse includes 2 bay doors, 2 gas‑heated units, and cross‑flow vents
  • Alarm system and dedicated IT room included

Property Analytics

Current Use

Ferguson HVAC Supply Big Box & Wholesale Store

Suggested Use

Top Pick Restaurant Parking Lot & Garage Real Estate Agency Nail Salon Hair Salon 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28306, NC

44,615
Population
17,723
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
69.7 sq mi
ZIP Area
640
Density / Sq Mi
$63,175
Median Household Income
$40,258
Median Earnings
$1,115
Median Rent
$218,900
Median Home Value

Market

Lease Benchmarks for Fayetteville, NC

$10.51 /SF/Yr
Avg Asking Price
$5.75–$16 /SF/Yr
Price Range
16,381 SF
Avg Space Size

This space is priced 14% below the average of $10.51 /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?
Flex space - Combined office, showroom, and warehouse space includes loading access, storage systems, and building support features.
Where is this flex space located?
The property is located at 404 Chicago Dr Fayetteville, NC.
What is the lease rate?
The lease rate is $7,500/Mo.
What are key features of this property?
This property features: 10,000 square feet comprising 2,000 square feet of office/showroom space and 8,000 square feet of warehouse space; Warehouse includes 2 bay doors, 2 gas‑heated units, and cross‑flow vents; Alarm system and dedicated IT room included
More about this property
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