421 Chicago Dr - Showroom FOR SALE


Fayetteville, NC 28306- South View
$800,000 USD
910-864-2626
421 Chicago Dr, Fayetteville, NC for Sale
$800,000 USD
Showroom - FOR SALE
1/16
null | Request Cap Rate

NEW


421 Chicago Dr
Fayetteville, NC 28306
South View


HIGHLIGHTS

  • 6000 SF building currently leased by Gaston Brewing Company until March 31, 2026
  • This building can revert to 5 individual condos of 1200 SF each for warehouse/office space.
  • Flex Space
  • Well maintained building with numerous upgrades including phase 3 electrical.
  • Current Tenant would like to renew
  • Conveniently located near downtown, Interstate 95, and Hwy 87.

OVERVIEW

6000 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). 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.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

419 & 421 Chicago Drive

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.74

LAND SF

32,234

ZONING

CC

APN/PARCEL ID

0436-57-4353

ASK ABOUT THIS PROPERTY

Malinda CravenFranklin Johnson Commercial Real EstateMore Info
910-864-2626

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Malinda CravenFranklin Johnson Commercial Real EstateMore Info
910-864-2626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.