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Highlights

  • Located ideally near the city's iconic landmarks
  • Established salon and barbershop layout
  • Reception desk and waiting area
  • Convenient downtown location
  • Multiple styling stations and wash areas
  • Large windows and strong street presence

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,062 SF
  • Negotiable
  • $28.25 /SF/YR $2.35 /SF/MO $30,002 /YR $2,500 /MO
  • Modified Gross
Space Use
Retail
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Central Air and Heating
  • Drop Ceilings
  • Plug & Play
  • Display Window
  • Smoke Detector
  • Wheelchair Accessible
Space Size Term Rental Rate Rent Type
1st Floor 1,062 SF Negotiable $28.25 /SF/YR $2.35 /SF/MO $30,002 /YR $2,500 /MO Modified Gross

1st Floor

Size
1,062 SF
Term
Negotiable
Rental Rate
$28.25 /SF/YR $2.35 /SF/MO $30,002 /YR $2,500 /MO
Rent Type
Modified Gross
Space Use
Retail
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Central Air and Heating
  • Drop Ceilings
  • Plug & Play
  • Display Window
  • Smoke Detector
  • Wheelchair Accessible

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 1,062 SF
Property Type Retail
Gross Leasable Area 2,123 SF
Year Built 1925

About the Property

Prime Downtown Fayetteville Commercial Space – 118 Hay Street Position your business in the heart of downtown Fayetteville at 118 Hay Street. This distinctive commercial space offers a highly visible storefront, an inviting reception area, and an impressive open floor plan with multiple workstations already in place. The interior features a modern industrial design with exposed brick accents, warm wood finishes, decorative lighting, large mirrors, built-in cabinetry, multiple sinks, and durable wood-look flooring. The current layout is especially well suited for a salon, barbershop, beauty concept, tattoo studio, spa, or other service-oriented business, while also offering flexibility for a new tenant to adapt the space to their needs. Large storefront windows provide excellent natural light and visibility from Hay Street. Located among downtown restaurants, shops, offices, entertainment venues, and pedestrian activity, this property offers an opportunity to establish your business in one of Fayetteville’s most recognizable commercial districts. Highlights include: * Prominent Hay Street storefront * Established salon and barbershop layout * Multiple styling stations and wash areas * Reception desk and waiting area * Attractive industrial-style finishes * Large windows and strong street presence * Convenient downtown location * Surrounded by dining, retail, offices, and entertainment Bring your vision to 118 Hay Street and take advantage of a memorable space in the center of downtown Fayetteville.

  • Bus Line
  • Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Nearby Major Retailers

United Bank
First Citizens Bank
Truist
PNC Bank
ColorTyme
CrossFit
Dutch Bros
Food Lion
United Rentals
  • Listing ID: 32107287

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: 118 Hay St, Fayetteville, NC 28301

Contact the Leasing Agent

118 Hay St

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