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4,062 SF Restaurant Building on 1.05 Acres

$717,000

332 N Reilly Rd, Fayetteville, NC 28303

Active
Last Updated: 09/21/2026

3,984 sqft

Building Size

1.05 acres

Lot Area

Details:
Building Size:    3,984 sqft
Lot Area:    1.05 acres
Year Built:    1988
Floors:    1
Highlights:
  • Offered for sale at $717,000
  • 4,062 SF freestanding restaurant building
  • 1.05-acre CC-zoned commercial site
  • 120 feet frontage on N Reilly Road
  • 15,000 vehicles per day on Reilly
  • Expected availability April 2027
  • Tenant Notice: Pizza Hut is expected to vacate March 2027. Do not disturb tenant.
Description:

332 N Reilly Road offers an opportunity to acquire an established freestanding restaurant property in Fayetteville, North Carolina, offered for sale at $717,000. The property consists of an approximately 4,062 SF, one-story restaurant building constructed in 1988 on approximately 1.05 acres, with roughly 120 feet of frontage on N Reilly Road and a site depth of approximately 380 feet. The building features wood/light-steel construction, a concrete slab foundation, brick veneer/wood/metal exterior finishes, commercial restaurant improvements, and HVAC. The generally level, rectangular site is zoned CC – Community Commercial and is served by city utilities, providing flexibility for continued restaurant use or a variety of future commercial applications. Pizza Hut currently occupies the property and is expected to vacate March 2027, creating an opportunity for an owner-user, restaurant operator, investor, or redevelopment buyer to plan ahead for future occupancy; please do not disturb the tenant. Building and site characteristics are based on the historical appraisal and should be independently verified by prospective purchasers.

The property is located along N Reilly Road, a four-lane commercial corridor with a center turn lane, with traffic counts of approximately 15,000 vehicles per day. Its frontage, existing restaurant configuration, substantial paved area, and commercial zoning support a range of retail, restaurant, service, and other commercial uses. The surrounding Fayetteville market provides a sizable customer and workforce base, with a 2026 population of 116,232 within five miles and an even larger daytime population of 137,154 within the same radius. Average household income reaches $79,463 within one mile, $78,141 within three miles, and $78,888 within five miles, while annual food-away-from-home spending is estimated at more than $134 million within five miles. These demographics, combined with established commercial development throughout the N Reilly Road corridor, provide a strong foundation for businesses seeking visibility and access to the surrounding residential, employment, and retail base.

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