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Restaurant Space with Brewing Area

405 Hay St, Fayetteville, NC 28301

For Lease
New
$15,000/Mo

Multi-level restaurant premises include event space, outdoor seating, a brewing area, and select operating equipment.

Space Size19,620 SF
Property Size41,950 SF
Days on Market2

Property Features for 405 Hay St

General Information

Standard status Active
Size 19,620 SF
Class B
Property subtype Retail - Freestanding

Space & Availability

Space Use Restaurant
Furnished Yes

Restaurant

Patio Yes
Equipment Included Yes
Second-Generation Restaurant Yes

Additional Details

Corner Location Yes

Building Details

Building Size 41,950 SF
Year Built 1904
Year Renovated 2001

Spaces For Lease

at 405 Hay St
405-411 Hay St Immediate
Size 19,620 SF
Type Restaurant
Lease Type Modified Gross
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Grant-Murray Real Estate
Listed By: Patrick Murray, CCIM, SIOR · License #231098
Source: Commercialcafe
Added: Nov 8 Last Checked: Jul 13 at 2:57AM

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 Grant-Murray Real Estate

Rey
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Investment Insights

Based on property information with market context.

Offering over 19,000 square feet across two floors and a mezzanine, this restaurant property combines dining areas with an enclosed brewing space and an event hall. The layout also includes a large bar, a second bar serving the event area, and covered outdoor seating. Some kitchen equipment, tables, chairs, and brewing equipment are included with the lease, along with a private parking lot.

The property is at Hay St and Ray Ave in downtown Fayetteville, less than a block from the Segra baseball stadium. Restaurants, retail businesses, Fayetteville City Hall, and other businesses are within walking distance. Fort Bragg is a 10–15 minute drive away.

Key Highlights

  • Over 19,000 square feet arranged across two floors and a mezzanine
  • Restaurant layout includes dining areas, a large bar, and covered outdoor seating
  • Enclosed brewing area and brewing equipment included with the lease

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Johnson Jason Tax Preparation Huske Hardware Restaurant Restaurant

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,013
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
4,908 visits/mo 0.4 miles
Truist Shops & Services
4,196 visits/mo 0.4 miles
Wells Fargo Shops & Services
2,923 visits/mo 0.4 miles
United Bank Shops & Services
1,508 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Conventional restaurant - Multi-level restaurant premises include event space, outdoor seating, a brewing area, and select operating equipment.
Where is this conventional restaurant located?
The property is located at 405 Hay St Fayetteville, NC.
What is the lease rate?
The lease rate is $15,000/Mo.
What are key features of this property?
This property features: Over 19,000 square feet arranged across two floors and a mezzanine; Restaurant layout includes dining areas, a large bar, and covered outdoor seating; Enclosed brewing area and brewing equipment included with the lease
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