1707 Owen Dr Fayetteville, NC 28304-3418
This exceptional Fayetteville, North Carolina commercial property, located at 1707 Owen Dr, offers a unique investment opportunity. The 235,495 square foot building, constructed in 1974 and extensively renovated in 2024, features a mix of retail and executive office space. Currently, there are three spaces available, ranging from 11,000 to 68,300 contiguous square feet, with a total of 116,600 square feet currently vacant. The property sits on a 7.03-acre lot in Cumberland County (zip code 28304) and enjoys a high-traffic location on Owen Drive, boasting an average annual daily traffic count of 44,000 vehicles. Its proximity to Cape Fear Valley Medical Center makes it an ideal location for various businesses, including personal services, gyms, restaurants, medical offices, or entertainment venues. The building's lower level also offers potential for personal storage. The available space is distributed across three floors: 18,900 square feet on the second floor, 18,400 square feet on the first floor, and 11,000 square feet on the lower level. Existing tenants include Uptown's Chicken and Waffles and Cape Fear Regional Theatre, demonstrating the property's established appeal. This is a remarkable opportunity to secure a substantial presence in a thriving Fayetteville location.
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Uptown's Chicken and Waffles Restaurant
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Fayetteville Comic Con Business Service Center Conference Center
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Cafe'bordeaux Cafe & Coffee Shop
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GoodHomes Bordeaux Apartment Building
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Holiday Inn Fayetteville-Bordeaux Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Fayetteville, NCFayetteville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.