Downtown Fayetteville Industrial/Flex Investment Opportunity | ±24,000 SF

Investment Overview

444 W Russell Street and 443 Franklin Street offer a compelling industrial/flex investment opportunity encompassing two parcels totaling approximately 0.78 acres in downtown Fayetteville, North Carolina. Originally constructed in 1945, the property features two buildings totaling approximately 24,000 SF, including a 7,500 SF building at 443 Franklin Street. The asset consists of six units ranging from 1,020 SF to 5,320 SF, accommodating a variety of industrial, flex, and manufacturing-oriented uses. Currently 66.7% occupied, the property provides investors with existing rental income and an opportunity to enhance returns through additional lease-up. Zoned DT-2, the property's adaptable configuration and multi-tenant layout offer flexibility for a range of commercial uses and potential repositioning. With its established income stream, diverse unit sizes, and value-add potential, this offering represents an attractive opportunity for investors seeking a versatile commercial asset with long-term growth potential.

Investment Highlights

• Two parcels totaling approximately 0.78 acres
• Two buildings totaling approximately 24,000 SF
• Six units ranging from 1,020–5,320 SF
• 66.7% occupied with additional leasing upside
• DT-2 zoning with flexible commercial potential
• Downtown location minutes from Segra Stadium