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Park Highlights

  • Positioned in the heart of Downtown Fayetteville.
  • Rare opportunity to become part of the new $125 million Hay Street Master Development mixed-use project located 15 minutes from Fort Bragg.
  • Prime location between Segra Stadium and Festival Park with building signage visible from the stadiums and exposure to over 30,000 vehicles per day.
  • Turnkey office solution enabling a seamless transition into the property, with various floor plans suitable for a wide variety of users.

Park Facts

Total Space Available 12,622 SF
Park Type Office Park
Features
24 Hour Access
  • Courtyard, Restaurant, Signage, Monument Signage

Display Rental Rate as

Festival Park Plaza
450 Hay St
3,500 SF | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $7,292 /MO $87,500 /YR | View Building Details
Building Type/Class
Multifamily/B
Property Subtype
Apartment
Apartment Style
Mid Rise
Lot Size
0.72 AC
Year Built/Renovated
1924/2019
Building Size
65,752 SF
Stories
8
Units
59
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 8th Floor
  • 3,500 SF
  • Negotiable
  • $25.00 /SF/YR $2.08 /SF/MO $87,500 /YR $7,292 /MO
  • Retail
  • Partial Build-Out
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Partially Built-Out as Standard Retail Space
  • Central Air Conditioning
Space Size Term Rental Rate Space Use Build-Out Available
8th Floor 3,500 SF Negotiable $25.00 /SF/YR $2.08 /SF/MO $87,500 /YR $7,292 /MO Retail Partial Build-Out Now
Festival Park Plaza
450 Hay St
3,500 SF | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $7,292 /MO $87,500 /YR | View Building Details
Building Type/Class
Multifamily/B
Property Subtype
Apartment
Apartment Style
Mid Rise
Lot Size
0.72 AC
Year Built/Renovated
1924/2019
Building Size
65,752 SF
Stories
8
Units
59

450 Hay St - 8th Floor

Size
3,500 SF
Term
Negotiable
Rental Rate
$25.00 /SF/YR $2.08 /SF/MO $87,500 /YR $7,292 /MO
Space Use
Retail
Build-Out
Partial Build-Out
Available
Now
Spaces are matched based on search filters: space use, price, and size
Festival Park Plaza
225 Ray Ave
1,153 - 9,122 SF | $30.00 - $31.22 /SF/YR $2.50 - $2.60 /SF/MO $322.92 - $336.05 /m²/YR $26.91 - $28.00 /m²/MO $3,000 - $22,922 /MO $35,997 - $275,067 /YR | View Building Details
Building Type/Class
Office/B
Year Built/Renovated
2006/2018
Building Size
44,500 SF
Building Height
3 Stories
Typical Floor Size
14,833 SF
Parking
149 Spaces
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 2nd Floor, Ste 203
  • 1,153 SF
  • 1-10 Years
  • $31.22 /SF/YR $2.60 /SF/MO $35,997 /YR $3,000 /MO
  • Office
  • Full Build-Out
  • Now

This unit offers three private offices, a large open office for multi-use, and a storage closet. There is a large, shared break room, plenty of parking, and secure access with a key card.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fits 3 - 10 People
  • 1 Conference Room
  • Reception Area
  • Fully Built-Out as Standard Office
  • 3 Private Offices
  • Space is in Excellent Condition
  • Fully Carpeted
  • 3rd Floor
  • 7,969 SF
  • Negotiable
  • $30.00 /SF/YR $2.50 /SF/MO $239,070 /YR $19,923 /MO
  • Office
  • Full Build-Out
  • Now
  • Rate includes utilities, building services and property expenses
  • Fits 20 - 64 People
  • 3 Conference Rooms
  • High End Trophy Space
  • Fully Built-Out as Standard Office
  • 10 Private Offices
  • 10 Workstations
  • Views of Segra Stadium
Space Size Term Rental Rate Space Use Build-Out Available
2nd Floor, Ste 203 1,153 SF 1-10 Years $31.22 /SF/YR $2.60 /SF/MO $35,997 /YR $3,000 /MO Office Full Build-Out Now
3rd Floor 7,969 SF Negotiable $30.00 /SF/YR $2.50 /SF/MO $239,070 /YR $19,923 /MO Office Full Build-Out Now
Festival Park Plaza
225 Ray Ave
1,153 - 9,122 SF | $30.00 - $31.22 /SF/YR $2.50 - $2.60 /SF/MO $322.92 - $336.05 /m²/YR $26.91 - $28.00 /m²/MO $3,000 - $22,922 /MO $35,997 - $275,067 /YR | View Building Details
Building Type/Class
Office/B
Year Built/Renovated
2006/2018
Building Size
44,500 SF
Building Height
3 Stories
Typical Floor Size
14,833 SF
Parking
149 Spaces

225 Ray Ave - 2nd Floor - Ste 203

Size
1,153 SF
Term
1-10 Years
Rental Rate
$31.22 /SF/YR $2.60 /SF/MO $35,997 /YR $3,000 /MO
Space Use
Office
Build-Out
Full Build-Out
Available
Now

225 Ray Ave - 3rd Floor

Size
7,969 SF
Term
Negotiable
Rental Rate
$30.00 /SF/YR $2.50 /SF/MO $239,070 /YR $19,923 /MO
Space Use
Office
Build-Out
Full Build-Out
Available
Now
Festival Park Plaza
450 Hay St - The Residences at the Prince Charles
3,500 SF | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $7,292 /MO $87,500 /YR | View Building Details
Building Type/Class
Multifamily/B
Property Subtype
Apartment
Apartment Style
Mid Rise
Lot Size
0.72 AC
Year Built/Renovated
1924/2019
Building Size
65,752 SF
Stories
8
Units
59
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 8th Floor
  • 3,500 SF
  • Negotiable
  • $25.00 /SF/YR $2.08 /SF/MO $87,500 /YR $7,292 /MO
  • Retail
  • Partial Build-Out
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Partially Built-Out as Standard Retail Space
  • Central Air Conditioning
Space Size Term Rental Rate Space Use Build-Out Available
8th Floor 3,500 SF Negotiable $25.00 /SF/YR $2.08 /SF/MO $87,500 /YR $7,292 /MO Retail Partial Build-Out Now
Festival Park Plaza
450 Hay St - The Residences at the Prince Charles
3,500 SF | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $7,292 /MO $87,500 /YR | View Building Details
Building Type/Class
Multifamily/B
Property Subtype
Apartment
Apartment Style
Mid Rise
Lot Size
0.72 AC
Year Built/Renovated
1924/2019
Building Size
65,752 SF
Stories
8
Units
59

450 Hay St - 8th Floor

Size
3,500 SF
Term
Negotiable
Rental Rate
$25.00 /SF/YR $2.08 /SF/MO $87,500 /YR $7,292 /MO
Space Use
Retail
Build-Out
Partial Build-Out
Available
Now

225 Ray Ave - 2nd Floor - Ste 203

Size 1,153 SF
Term 1-10 Years
Rental Rate $31.22 /SF/YR
Space Use Office
Build-Out Full Build-Out
Available Now

This unit offers three private offices, a large open office for multi-use, and a storage closet. There is a large, shared break room, plenty of parking, and secure access with a key card.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Fits 3 - 10 People
  • 3 Private Offices
  • 1 Conference Room
  • Space is in Excellent Condition
  • Reception Area
  • Fully Carpeted

225 Ray Ave - 3rd Floor

Size 7,969 SF
Term Negotiable
Rental Rate $30.00 /SF/YR
Space Use Office
Build-Out Full Build-Out
Available Now

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Fits 20 - 64 People
  • 10 Private Offices
  • 3 Conference Rooms
  • 10 Workstations
  • High End Trophy Space
  • Views of Segra Stadium

450 Hay St - 8th Floor

Size 3,500 SF
Term Negotiable
Rental Rate $25.00 /SF/YR
Space Use Retail
Build-Out Partial Build-Out
Available Now

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air Conditioning

Park Overview

Discover Festival Park Plaza, offering premier office space for lease, within the highly sought-after Hay Street Master Development in Downtown Fayetteville, North Carolina. 225 Ray Avenue is a 44,500-square-foot, three-story office building with flexible layouts and multiple floor plans to accommodate a wide range of office users. This state-of-the-art workspace is surrounded by luxury residential, hospitality, and retailers, creating a true mixed-use destination. Strategically located 15 minutes from Fort Bragg, 225 Ray Avenue provides access to a strong workforce of over 287,200 residents and is within minutes of the County Courthouse and Fayetteville City Hall, making it ideal for professional office, government, legal, and service-oriented tenants. Positioned between Segra Stadium, home to the Fayetteville Woodpeckers (a minor league affiliate of the Houston Astros), and the 14-acre Festival Park amphitheater, Festival Park Plaza provides unmatched access to entertainment and community events. Tenants enjoy 24-hour building access, controlled entry, signage opportunities with stadium visibility, and public transit via bus line access. Additional features include a walkable environment convenient to restaurants, retail, and entertainment. Downtown Fayetteville continues to experience significant public and private investment, contributing to increased tourism, enhanced walkability, and a growing mix of restaurants, nightlife, residential developments, and cultural attractions. Festival Park Plaza offers high visibility with exposure to more than 30,000 vehicles per day and is situated within a rapidly revitalizing district. Tenants and visitors benefit from proximity to the Fayetteville Amtrak Station, a four-minute walk away, and Fayetteville Regional/Grannis Field Airport, approximately 10 minutes away, providing excellent regional and national connectivity. Take advantage of this opportunity to join a thriving downtown Fayetteville office location.

  • 24 Hour Access
  • Courtyard
  • Restaurant
  • Signage
  • Monument Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
  • Listing ID: 40512204

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 225 Ray Ave, Fayetteville, NC 28301

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