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

404 Chicago Drive, Fayetteville, NC 28306

COMMERCIAL - Fayetteville, NC

Space Size10,000 SF
Lot Size1.09 Acres
Days on Market237

Property Features for 404 Chicago Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning description CC - Community Commerical
Parking features Parking Lot
Subdivision FAYETTEVILLE
Lot features One To Two Acres, Level
Standard status Active
APN 0436-57-3716
Size 10,000 SF
Lot size 1.09 Acres

Taxes and HOA fees

Tax Description MAGERSTADT ENTERPRISES INC EASEMENT MAP LO:11R SE:01 PL:0120-0188
Legal Description MAGERSTADT ENTERPRISES INC EASEMENT MAP LO:11R SE:01 PL:0120-0188

Utilities

Sewer type Public Sewer
Water source Public

Amenities

alarm system
IT room

Building Details

Year built 2008
Building materials Block, MetalSiding
Roof type Aluminum
Listing Agency: FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
Listed By: FRANKLIN JOHNSON · License #146789
Added: Dec 11, 2025 Changed: Aug 4 Last Checked: Aug 5 at 4:06PM
MLS# 754511

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.

This flex property combines 2,000 square feet of office and showroom area with an 8,000-square-foot warehouse. The warehouse includes 2 bay doors, 2 gas-heated units, cross-flow ventilation, an alarm system, and a dedicated IT room. Office furniture, showroom racks, and warehouse racks are included. The HVAC system was recently serviced, supporting the building’s existing office and warehouse configuration.

The property occupies 1.09 acres at 404 Chicago Drive in Fayetteville, North Carolina, with convenient access to Martin Luther King Freeway, also identified as Hwy 87. NC DOT recorded 24,000 VPD on MLK Freeway in 2022. Additional property features include a parking lot, block and metal siding construction, an aluminum roof, public water, and public sewer. Built in 2008, the 10,000-square-foot facility offers a combination of customer-facing space and warehouse capacity in one location.

Key Highlights

  • 10,000‑square‑foot flex property with 2,000 SF of office/showroom space and 8,000 SF of warehouse area
  • Warehouse includes 2 bay doors, 2 gas‑heated units, cross‑flow vents, alarm system, and IT room
  • Located next to Martin Luther King Freeway (Hwy 87); NC DOT recorded 24,000 VPD in 2022

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

$10.59 /SF/Yr
Avg Asking Price
$5.75–$16 /SF/Yr
Price Range
14,147 SF
Avg Space Size

This space is priced 15% below the average of $10.59 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Combined office, showroom, and warehouse facilities include heated units, ventilation, storage systems, and freeway access.
Where is this flex space located?
The property is located at 404 Chicago Drive 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‑foot flex property with 2,000 SF of office/showroom space and 8,000 SF of warehouse area; Warehouse includes 2 bay doors, 2 gas‑heated units, cross‑flow vents, alarm system, and IT room; Located next to Martin Luther King Freeway (Hwy 87); NC DOT recorded 24,000 VPD in 2022
More about this property
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