Catylist ID:
#30634177
| Catylist Listing ID: | 30634177 |
| Property Subtypes: | Restaurant |
| Contiguous Space: | 7,500 - 10,500 SF |
| Gross Building Area: | See Agent |
| Lease Rate: |
$28 PSF (Annual) |
| Base Monthly Rent: | $24,500 |
| Lease Types: | Modified Gross |
| Last Updated: | 1/11/2021 |
Overview / Comments
|
Upscale restaurant space for lease located in the Hotel Ballast, a 272 room full service hotel, on the Cape Fear River in historic Downtown Wilmington. Restaurant space is split between two floors. The Lobby Level includes the primary entrance/hostess stand, restrooms, main dining room, bar with table seating and patio seating. Lower level includes private dining and kitchen. Space was renovated in 2007 with over $2 Million in improvements. Last year, space was refreshed with new paint and carpet. Lobby level offers expansive views of the Cape Fear River and the Battleship North Carolina. Space can be subdivided, please inquire. |
Attachments & Media
Expand All Available Space
| Suite: 1 | 10,500 SF | $28 PSF (Annual) Modified Gross |
| Level/Floor: | First and Second | |
| Space Available: | 10,500 SF | |
| Minimum Divisible: | 7,500 SF | |
| Lease Rate: |
$28 PSF (Annual) $24,500 (Monthly) |
|
| Lease Type: | Modified Gross | |
| Space Description: | Upscale restaurant space for lease located in the Hotel Ballast on the Cape Fear River in historic Downtown Wilmington. Restaurant space is split between two floors. The Lobby Level includes the primary entrance/hostess stand, restrooms, main dining room, bar with table seating and patio seating. Lower level includes private dining and kitchen. Space was renovated in 2007 with over $2 Million in improvements. Last year, space was refreshed with new paint and carpet.
Lobby level offers expansive views of the Cape Fear River and the Battleship North Carolina. Space can be subdivided, please inquire. Lease Rate is Net Utilities but includes taxes, insurance and CAM charges |
|
| Date Available: | 8/1/2020 | |
| Space Type: | Relet | |
Additional Details
| Nearest MSA: | Wilmington |
| County: | New Hanover |
| Tax ID/APN: | R04720-001-004-000 |
| Zoning: | CBD |
| Area Description: | Located on Water Street in the Hotel Ballast, a Hilton Hotel, in the heart of Downtown Wilmington. Water street is currently experiencing a revitalization with the construction of River Place, a 13-story mixed-use development featuring 32,000 SF Retail Space, 92 Luxury For-Sale Condominiums and 79 Luxury Rental Apartments. Hotel is located on the banks of the Cape Fear River. |
| Property Condition: | Excellent |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,793 | 34,493 | 101,521 |
| Median Age: | 35.66 | 38.65 | 35.87 |
| Households: | 2,758 | 15,617 | 43,659 |
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