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516 Owen Dr
Fayetteville, NC 28304 Lake Francis/Drake Park

$3,062 USD/MO

Office For Lease  •  1,531 SF

Property Details

  • Property Type Office
  • Year Built 1956
  • Total Building Size 1,531 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning OI (HSPOD)
70 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 516 Office 1,531 SF $24.00 USD/SF/YR
516 Owen Drive offers an opportunity to lease a freestanding 1,531-square-foot office building in one of Fayetteville’s most established professional and medical corridors. The well-designed interior features a spacious waiting room and reception area, four private offices, dedicated storage space, and restrooms, creating an efficient layout for medical, healthcare-related, or professional office users. Zoned OI (Office & Institutional) within the HSPOD overlay, the property accommodates a variety of office and service-oriented uses beyond traditional medical practices. Excellent visibility along Owen Drive places the building in front of approximately 48,500 vehicles per day, providing exceptional exposure and signage potential. Its standalone configuration offers tenants a professional identity, convenient access, and a welcoming environment for clients, patients, and staff alike.

Located just minutes from Cape Fear Valley Medical Center, 516 Owen Drive is surrounded by a concentration of healthcare providers, professional offices, and supporting commercial services that generate consistent daytime activity. The area benefits from a substantial daytime population of more than 190,800 people within a five-mile radius, driven by major employers, healthcare facilities, and regional service providers. The surrounding market features an average household income of approximately $85,500 within three miles and a population base of nearly 148,000 residents within five miles, supporting a strong customer and workforce presence. Easy access to Owen Drive, Village Drive, Raeford Road, and other major Fayetteville thoroughfares allows convenient connectivity throughout the city. The combination of healthcare adjacency, strong demographics, and high traffic counts makes this location well suited for medical, professional, counseling, insurance, legal, financial, and other office users seeking a highly visible Fayetteville address.

  • Date available: Aug 2026
  • Lease term: 5 - 10 Years
  • Service type: Triple Net
  • Built out as: Standard Office
  • Space Type: New

Description

516 Owen Drive offers an opportunity to lease a freestanding 1,531-square-foot office building in one of Fayetteville’s most established professional and medical corridors. The well-designed interior features a spacious waiting room and reception area, four private offices, dedicated storage space, and restrooms, creating an efficient layout for medical, healthcare-related, or professional office users. Zoned OI (Office & Institutional) within the HSPOD overlay, the property accommodates a variety of office and service-oriented uses beyond traditional medical practices. Excellent visibility along Owen Drive places the building in front of approximately 48,500 vehicles per day, providing exceptional exposure and signage potential. Its standalone configuration offers tenants a professional identity, convenient access, and a welcoming environment for clients, patients, and staff alike.

Located just minutes from Cape Fear Valley Medical Center, 516 Owen Drive is surrounded by a concentration of healthcare providers, professional offices, and supporting commercial services that generate consistent daytime activity. The area benefits from a substantial daytime population of more than 190,800 people within a five-mile radius, driven by major employers, healthcare facilities, and regional service providers. The surrounding market features an average household income of approximately $85,500 within three miles and a population base of nearly 148,000 residents within five miles, supporting a strong customer and workforce presence. Easy access to Owen Drive, Village Drive, Raeford Road, and other major Fayetteville thoroughfares allows convenient connectivity throughout the city. The combination of healthcare adjacency, strong demographics, and high traffic counts makes this location well suited for medical, professional, counseling, insurance, legal, financial, and other office users seeking a highly visible Fayetteville address.

Highlights

Freestanding 1,531 SF office building
Four private offices
Large reception and waiting area
Zoned OI within HSPOD overlay
48,500 VPD on Owen Drive
Near Cape Fear Valley Medical Center

Property Flyers

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.8 mi
AirportDriveWalkDistance
Fayetteville Regional/Grannis Field 8 min - 5.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Patrick Murray, CCIM, SIOR 910-861-0449 Grant-Murray Real Estate LLC
Patrick Murray, CCIM, SIOR 910-861-0449 Grant-Murray Real Estate LLC