421 and 419 Chicago Drive
Fayetteville, NC 283066000 SF building currently leased by Gaston Brewing Company until March 31, 2026. Tenant would like to renew with acceptable lease terms. They have invested hundreds of thousands of dollars into this building and business. Currently a MG lease (landlord pays taxes and insurance). The current rent is below market rate due to a friends and family discount, providing an opportunity to easily adjust the lease rate to reflect true market value. This building can revert to 5 individual condos of 1200 SF each for warehouse/office space. Roll up doors in the rear. New phase 3 electric, new plumbing, slot and trench drainage system, gazebo with lights (electricity) in the rear grassy area, 5 HVACs, and approximately 40 parking spaces. This building has been well maintained and had numerous upgrades. Conveniently located near downtown, Interstate 95, and Hwy 87. Rent is currently $5308.47 per month, and Landlord is paying taxes and insurance totaling $11,002.34 annually.
$800,000
bedrooms
full bathrooms
0.74 acres
6,000 square feet
$133 per square foot
Additional Property Information
- TypeWarehouse
- Built2000
- Neighborhood
- CountyCumberland
- AreaFayetteville
- Elementary School
- Middle School
- High School
Listing courtesy of FRANKLIN JOHNSON COMMERCIAL REAL ESTATE. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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Find your amount- Exterior Features
- Interior Features
- Property Features
- Construction Materials Brick Veneer
- Lot Size Acres 0.74
- Cooling Y/N Yes
- Heating Y/N Yes
- Year Built 2000
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