Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    505 Franklin St Fayetteville, NC 28301

    Sponsored
    For Lease
    Contact for pricing

    6,610 SF Creative Office, Prime Location

    Lot size:
    33,121 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,610-square-foot creative office space is ideally situated in downtown Fayetteville, North Carolina, at the highly visible intersection of Franklin and Robeson Streets. Part of a larger 33,121-square-foot, two-story building constructed in 2016, this space is currently in shell condition, offering a blank canvas for tenant improvements. Negotiable tenant improvement allowances are available. The property's DT1 zoning allows for versatile uses, including retail, office, or restaurant. Its strategic location within the fast transit center ensures high visibility and accessibility, benefiting from significant foot traffic generated by bus station patrons, downtown employees, residents, and visitors. The surrounding area boasts a vibrant mix of amenities, including the Segra Stadium, the Airborne & Special Operations Museum, numerous restaurants, breweries, and shops. A strong demographic profile supports this opportunity, with 4,416 residents within a one-mile radius boasting an average household income of $66,295, and a daytime work population of 17,476. This presents a unique chance to establish a thriving business in a dynamic and rapidly growing downtown area. The property is part of a multi-tenant building with one total suite.

    Property Features for 505 Franklin St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,121 SF

    Building Details

    Year Built
    2016
    Stories
    2

    Unit(s) available at that property

    Space
    Available space
    Size
    6,610 SF

    HighLights

    • Two‑story, 6,610 SF space available for lease in the FAST Center.
    • Street‑level storefront on Franklin Street.
    • Suitable for retail, restaurant, office, or brewery use.
    • 6,610 square feet available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Greyhound: Bus Station Bus Company Megabus Bus Company

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.8870347
    Latitude
    35.0533049

    Nearby Similar for Lease

    • New
      $7,500 /Mo
      10,000 SF

      Fayetteville Office, Showroom, Warehouse Space

      10,000 SF office, showroom, and warehouse space for lease.
      404 Chicago Dr, Fayetteville, NC 28306
      View Details
    • $2,450 /Mo
      1,400 SF

      Fayetteville Office Space For Rent

      Office space in Westside Village Shopping Center available for rent.
      7830 Good Middling Dr Unit, Fayetteville, NC 28304
      View Details
    • New
      $2,000 /Mo
      1,449 SF

      Fayetteville Office Space For Rent

      Professional office space near Cumberland County Court House.
      115 S Cool Spring St, Fayetteville, NC 28301
      View Details
    • $1,800 /Mo
      1,286 SF

      High-Traffic Fayetteville Commercial Property

      Prime commercial property on Raeford Road with high visibility.
      5324 Raeford Rd, Fayetteville, NC 28304
      View Details
    • $3,500 /Mo
      1,900 SF

      Fayetteville Retail Space For Lease

      1,900 SF retail building on 0.49 acres in Fayetteville.
      2823 Raeford Rd, Fayetteville, NC 28303
      View Details
    • $1,265 /Mo

      Updated Office Space Near Hospital

      Professionally updated office space for lease near Cape Fear Medical.
      1611 Owen Dr, Fayetteville, NC 28304
      View Details
    • $3,075 /Mo

      Modern Office Space For Lease

      Modern office space ideal for medical, spa, or professional services.
      4250 Clinton Rd, Fayetteville, NC 28312
      View Details
    • $7,000 /Mo

      Versatile Retail/Warehouse Space Available

      8,564 SF retail, flex, and warehouse space on corner lot.
      2712 Owen Dr, Fayetteville, NC 28306
      View Details
    • $1,650 /Mo
      1,150 SF

      Fayetteville Commercial Space For Rent

      Versatile commercial space with high visibility and strong traffic flow.
      2238 Hope Mills Rd, Fayetteville, NC 28304
      View Details
    • $2,500 /Mo
      977 SF

      Fayetteville Office with Lay Down Yard

      Centrally located office space with fenced lay down yard.
      1501 Hope Mills Rd, Fayetteville, NC 28304
      View Details
    • $2,800 /Mo
      3,200 SF

      Fayetteville Storage Units with Yard

      3,200 SF storage units with fenced laydown yard for rent.
      2403 Hope Mills Rd, Fayetteville, NC 28304
      View Details
    • $2,200 /Mo

      Fayetteville Commercial Space For Lease

      Prime commercial space available for lease in Fayetteville, North Carolina.
      3801 Sycamore Dairy Rd, Fayetteville, NC 28303
      View Details

    FAQs

    What type of property is this?
    Restaurant - 6,610 SF Creative Office, Prime Location
    Where is this restaurant located?
    The property is located at 505 Franklin St Fayetteville, NC.
    What are key features of this property?
    This property features: Two-story, 6,610 SF space available for lease in the FAST Center.; Street-level storefront on Franklin Street.; Suitable for retail, restaurant, office, or brewery use.
    Request Owner's contact information
    505 Franklin St Fayetteville, NC 28301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    505 Franklin St
    Fayetteville, NC 28301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 Franklin St Fayetteville, NC 28301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.