Spaces For Lease

at 529 Hillsboro St

For Lease: +/- 4.0 Acres Industrial Land $6,181/Mo

Type LAND

Availability AVAILABLE

± 6,400 SF industrial building on a 1.5 acres parcel alongside ± 4.0 acres that could be leased for additional/separate parking. Located in downtown Fayetteville, within close proximity to HWY-87 and HWY 24. Pricing below is based off the current “as-is” condition, base rent would be adjusted if improvements are required.  

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Listing Agency: Cape Fear Commercial, LLC Show Phone

Listed By: Lee Singleton · License #305324 Show Phone

Source: Moodyscre

Added: Feb 19 Changed: Oct 13 Last Checked: Oct 20 at 11:25PM

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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 Cape Fear Commercial, LLC

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Investment Insights

Based on property information with market context.

This approximately 6,400 SF industrial flex building is available for lease on a 1.5-acre parcel. The offering includes additional adjacent acreage of approximately 4.0 acres that could be leased for additional or separate parking. The space is being offered with pricing based on the property’s current “as-is” condition.

The property is located in downtown Fayetteville, with close proximity to Highway 87 and Highway 24.

Lease terms and base rent would be adjusted if improvements are required, reflecting the current as-is condition used for pricing.

Key Highlights

• Approximately 6,400 SF industrial flex building on a 1.5‑acre parcel
• Adjacent ±4.0 acres available to lease for additional or separate parking
• Located in downtown Fayetteville with close proximity to HWY‑87 and HWY 24

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Bakery Locksmith Garden Center Home Appliance 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

Yes

Highway access

NNN (Triple Net)

Lease Type

$1.74 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

889

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Lease Benchmarks for Fayetteville, NC

$12.59 /SF/Yr

Avg Asking Price

$5.75–$22.85 /SF/Yr

Price Range

9,228 SF

Avg Space Size

This space is priced 8% below the average of $12.59 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Approximately 6,400 SF industrial flex building on a 1.5-acre parcel, with adjacent acreage available for additional parking.

Where is this flex space located?

The property is located at 529 Hillsboro St Fayetteville, NC.

What is the lease rate?

The lease rate is $6,181/Mo.

What are key features of this property?

This property features: Approximately 6,400 SF industrial flex building on a 1.5‑acre parcel; Adjacent ±4.0 acres available to lease for additional or separate parking; Located in downtown Fayetteville with close proximity to HWY‑87 and HWY 24