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Highlights

  • Rare opportunity to lease a fully furnished 7,236-SF restaurant space with kitchen equipment, a bar area, a configurable dining room, and more.
  • Features grade-level access, elevated patio views, multiple entrances, and parking in front and behind the space to enhance the guest experience.
  • Positioned at the gateway to Downtown Morganton, capturing visibility from over 37,000 VPD at the S College Street and W Fleming Drive intersection.
  • Flexible floor plan supports full-service restaurants, breweries, sports bars, cafés, BBQ concepts, pizzerias, catering, and special events.
  • Close proximity to Interstate 40, the new Broughton Hospital campus, and the North Carolina School of Science and Mathematics expands customer reach.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 2nd Floor
  • 7,236 SF
  • Negotiable
  • $11.50 /SF/YR $0.96 /SF/MO $83,214 /YR $6,935 /MO
  • Triple Net (NNN)
208 W Fleming Dr - 2nd Floor
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This turnkey restaurant space includes an established restaurant layout with spacious dining and kitchen areas. Existing improvements include an Old Hickory EL-EDX smoker, a commercial hood system, a grease trap, a full bar, and various kitchen equipment, shelving, prep tables, sinks, and smallwares. The building is supported by a large customer parking lot and is suitable for a variety of food service concepts, including full-service restaurants, breweries, cafés, pizzerias, sports bars, and other dining operations.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • Security System
  • Drop Ceilings
  • Secure Storage
  • Recessed Lighting
  • Smoke Detector
  • Wheelchair Accessible
  • Scenic views
  • Move-in-ready restaurant
Space Size Term Rental Rate Rent Type
2nd Floor 7,236 SF Negotiable $11.50 /SF/YR $0.96 /SF/MO $83,214 /YR $6,935 /MO Triple Net (NNN)

208 W Fleming Dr - 2nd Floor

Size
7,236 SF
Term
Negotiable
Rental Rate
$11.50 /SF/YR $0.96 /SF/MO $83,214 /YR $6,935 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This turnkey restaurant space includes an established restaurant layout with spacious dining and kitchen areas. Existing improvements include an Old Hickory EL-EDX smoker, a commercial hood system, a grease trap, a full bar, and various kitchen equipment, shelving, prep tables, sinks, and smallwares. The building is supported by a large customer parking lot and is suitable for a variety of food service concepts, including full-service restaurants, breweries, cafés, pizzerias, sports bars, and other dining operations.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Freezer Space
  • Security System
  • Drop Ceilings
  • Secure Storage
  • Recessed Lighting
  • Smoke Detector
  • Wheelchair Accessible
  • Scenic views
  • Move-in-ready restaurant

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.

Tenants at Mull Tower Center

  • Tenant
  • Description
  • Size
  • Move Date
  • US Locations
  • Reach
  • NAPA Auto Parts
  • -
  • -
  • -
  • -
  • -
  • CED Electrical
  • -
  • -
  • -
  • -
  • -
  • One Main Financial
  • -
  • -
  • -
  • -
  • -
  • Allied Financial
  • -
  • -
  • -
  • -
  • -
  • Cricket Wireless
  • -
  • -
  • -
  • -
  • -
  • Table Rock Pharmacy
  • -
  • -
  • -
  • -
  • -
  • Total Home Care
  • -
  • -
  • -
  • -
  • -
  • Palm Beach Tan
  • -
  • -
  • -
  • -
  • -
  • Little Caesars
  • Pizza
  • -
  • 05/2009
  • 4,957
  • International
  • Stidhams Lounge
  • Cocktail Bar
  • -
  • -
  • 1
  • Local
US Locations
Reach
1
Local

Stidham's Lounge began in 2021 as Stidham's Axe Throwing and grew into a social venue centered on casual entertainment in Morganton. The company offers axe throwing, billiards, an arcade, karaoke, live music, cornhole, and a full bar with draft beer and mixed beverages. The business plans to add food service and a broader family-friendly entertainment mix. Stidham's Lounge functions as a local gathering place for live events and nightlife, with a focus on games, music, and shared recreation.

Tenant Description Size Move Date US Locations Reach
NAPA Auto Parts - - - - -
CED Electrical - - - - -
One Main Financial - - - - -
Allied Financial - - - - -
Cricket Wireless - - - - -
Table Rock Pharmacy - - - - -
Total Home Care - - - - -
Palm Beach Tan - - - - -
Little Caesars Pizza - 05/2009 4,957 International
Stidhams Lounge Cocktail Bar - - 1 Local

Property Facts

Total Space Available 7,236 SF
Center Type Neighborhood Center
Parking 161 Spaces
Stores 15
Center Properties 3
Frontage 744’ on W Fleming Dr
Gross Leasable Area 49,987 SF
Total Land Area 4.86 AC
Year Built 1971

About the Property

Create a restaurant concept at one of Morganton’s most recognizable commercial destinations. Situated within Mull Tower Center, a charming mixed-use property distinguished by its signature central tower and cupola, 810 S College Street offers 7,236 square feet of move-in-ready restaurant space at the gateway to Downtown Morganton. The center’s unique three-level design places the restaurant on the upper level, providing both direct grade-level access and elevated patio views that create an inviting atmosphere for guests. Designed to accommodate a wide range of food and beverage concepts, the turnkey space features a large dining room with flexible seating arrangements, a spacious bar area, a private dining or meeting room, and a fully equipped commercial kitchen. Existing tables, chairs, booths, select interior furnishings, and a commercial smoker are available for tenant use during the lease term, allowing operators to accelerate their opening timeline and reduce upfront investment. The layout also supports takeout, catering, and event-driven business opportunities, making it well-suited for full-service restaurants, sports bars, breweries, cafés, BBQ concepts, pizzerias, and other dining destinations. Outstanding accessibility further strengthens the location’s appeal. Guests benefit from parking in front of and behind the space, along with multiple entrances that support efficient customer flow. Positioned at the intersection of South College Street and West Fleming Drive, the property captures exposure to more than 37,000 vehicles per day and sits just five minutes from Interstate 40, creating visibility among local residents, commuters, and regional travelers alike.

  • Freeway Visibility
  • Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2025 Population
4,362
20,704
34,426
61,850
2030 Population
4,373
20,885
34,609
62,507
2025-2030 Projected Population Growth
0.3%
0.9%
0.5%
1.1%
Median Age
40.5
42.4
44.0
45.1
College Degree + Higher
18%
20%
19%
12%
Daytime Employees
5,977
18,419
22,766
29,059
Total Businesses
792
2,024
2,386
3,224
Average Household Income
$66,292
$65,965
$68,444
$68,981
Median Household Income
$50,408
$50,569
$52,886
$53,560
Total Consumer Spending
$40.2M
$208.6M
$366.1M
$696.5M
2025 Households
1,718
8,173
13,664
24,892
Average Home Value
$293,000
$258,162
$255,270
$246,488

Nearby Amenities

Restaurants

Little Caesars - - 2 min walk
Burger King - - 2 min walk
Subway - - 6 min walk
Papa Johns - - 5 min walk
Maria's Italian Eatery Italian $$$$$ 8 min walk
Jimmy John's - - 9 min walk
Asian Fusion Asian $$ 9 min walk
Habaneros Mexican Restaurant Mexican $ 11 min walk

Retail

Palm Beach Tan Tanning Salon 2 min walk
NAPA Auto Parts Automotive 2 min walk
Truist Bank 5 min walk
Dollar General Dollar/Variety/Thrift 5 min walk
Roses Discount Store 6 min walk
Aaron's Appliances 6 min walk
The Pilates Barre Fitness 9 min walk

Hotels

Fairfield Inn
85 rooms
4 min drive
Hampton by Hilton
83 rooms
5 min drive
Quality Inn
133 rooms
5 min drive
Baymont
50 rooms
5 min drive

About the Owner

Read More
  • Listing ID: 12160714

  • Date on Market: 7/22/2026

  • Last Updated:

  • Address: 200-208 W Fleming Dr, Morganton, NC 28655

Contact the Leasing Agent

Mull Tower Center | 200-208 W Fleming Dr

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