505 Franklin St Fayetteville, NC 28301
- Office space
- 33,121 SF
Current Use by Public Records
- Greyhound: Bus Station / Bus Company
- Megabus / Bus Company
Property Details for 505 Franklin St
- Year built
- 2016
- Property size
- 33,121 SF
- Property type
- Office space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Cumberland
- State
- North Carolina
- Longitude
- -78.8870347
- Latitude
- 35.0533049
