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Highlights

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

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 516
  • 1,531 SF
  • 5-10 Years
  • $24.00 /SF/YR $2.00 /SF/MO $36,744 /YR $3,062 /MO
  • Office
  • Full Build-Out
  • August 01, 2026

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.

  • Lease rate does not include utilities, property expenses or building services
  • Fits 4 - 13 People
  • Fully Built-Out as Standard Office
  • 4 Private Offices
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 516 1,531 SF 5-10 Years $24.00 /SF/YR $2.00 /SF/MO $36,744 /YR $3,062 /MO Office Full Build-Out August 01, 2026

1st Floor, Ste 516

Size
1,531 SF
Term
5-10 Years
Rental Rate
$24.00 /SF/YR $2.00 /SF/MO $36,744 /YR $3,062 /MO
Space Use
Office
Build-Out
Full Build-Out
Available
August 01, 2026

1st Floor, Ste 516

Size 1,531 SF
Term 5-10 Years
Rental Rate $24.00 /SF/YR
Space Use Office
Build-Out Full Build-Out
Available August 01, 2026

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.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Fits 4 - 13 People
  • 4 Private Offices

Property Overview

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.

  • Signage

Property Facts

Building Type
Office
Year Built/Renovated
1956/2026
Building Height
1 Story
Building Size
1,531 SF
Building Class
C
Typical Floor Size
1,531 SF
Parking
9 Surface Parking Spaces
Moderately walkable
70/100
Very drivable
80/100
Fairly bikeable
40/100
  • Listing ID: 41047495

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 516 Owen Dr, Fayetteville, NC 28304

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