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Downtown Fayetteville Two-Story Commercial Space
For Lease
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505 Franklin Street, Fayetteville, NC 28301

6,610 SF space in downtown Fayetteville transit center.

Space Size6,610 SF
Property Size33,121 SF
Days on Market220

Property Features for 505 Franklin Street

General Information

Standard status Active
Size 6,610 SF
Property subtype Retail

Building Details

Building Size 33,121 SF
Year Built 2016

Spaces For Lease

at 505 Franklin Street
505 Franklin St
Size 6,610 SF
Term Negotiable
Rate Contact for pricing
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Listing Agency: Grant-Murray Real Estate, LLC
Listed By: Patrick Murray, CCIM, SIOR · License #NC #231098
Source: Grantmurrayre
Added: Mar 26 Changed: Oct 25 Last Checked: Oct 30 at 11:20AM

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, LLC

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Investment Insights

Based on property information with market context.

Available for lease is a 6,610 square foot, two-story commercial space situated within the transit center in downtown Fayetteville, North Carolina. The space is in shell condition, and tenant improvement allowance is negotiable. The location is suitable for a restaurant, retail, or office. The property is positioned at the signalized intersection of Franklin Street and Robeson Street, offering proximity to downtown amenities. These amenities include Segra Stadium, the Airborne & Special Operations Museum, restaurants, breweries, shops, and residential areas. Within a one-mile radius, the area has 4,416 residents with an average household income of $66,295, and a daytime work population of 17,476.

Key Highlights

  • Located within the fast transit center in downtown Fayetteville, offering high visibility and accessibility.
  • Shell condition allows for customized build‑out with negotiable tenant improvement allowance.
  • Suitable for restaurant, retail, or office use, catering to diverse business opportunities.

Property Analytics

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Current Use

Greyhound: Bus Station Logistics Company Megabus Logistics Company

Suggested Use

Top Pick Dental Office Storage Facility Bakery Locksmith Catering Service (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

1,906
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
9,665 visits/mo 0.5 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
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Market

Lease Benchmarks for Fayetteville, NC

$18.82 /SF/Yr
Avg Asking Price
$2.22–$32.82 /SF/Yr
Price Range
5,582 SF
Avg Space Size

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?
Retail space - 6,610 SF space in downtown Fayetteville transit center.
Where is this retail space located?
The property is located at 505 Franklin Street Fayetteville, NC.
What are key features of this property?
This property features: Located within the fast transit center in downtown Fayetteville, offering **high visibility and accessibility**.; Shell condition allows for customized build‑out with negotiable tenant improvement allowance.; Suitable for restaurant, retail, or office use, catering to diverse business opportunities.
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