Retail Units 1,200-22,000 +/- SF For Lease - Wilmington Power Center

Shopping Center for Lease
Catylist Listing ID: 29901221
Property Subtypes: Community Center, Fashion/Specialty, Neighborhood Center, Power Center, Strip Center
Contiguous Space: 1,200 - 22,500 SF
Total Available: 26,500 SF
Gross Building Area: 517,000 SF
Gross Land Area: 30 Acres
Lease Rate: $10 - 35 PSF (Annual)
Base Monthly Rent: $3,500 - 18,750
Lease Types: NNN
Last Updated: 1/21/2022

Overview / Comments

University Centre - is the regional power center located at the end of I40 in Wilmington. Located at the Corner of S College RD and New Centre Drive, this center has many national, regional and local tenants creating a thriving Co-Tenancy Mix.

Several Options Exist in the Center.
3 Space at 1,200 sf +/-
1 Space at 1,600 sf +/-
1 Space at 22,500 sf +/-

This center is surrounded by Multi Family, Student Housing and Single family housing. This property has some of the highest trade area density when using radius rings as we are in the middle of the county. Easily accessible to everyone.

2017 Traffic Counts:
S. College Road 71,245 CPD
New Centre Drive 22,125 CPD

Sams Club, Lowes Home Improvement, Petco, Staples, Ross, Bed Bath and Beyond, Old Navy are just some of the national anchors we have at the center.

Expand All 3 Spaces Available

Suite: 39A 22,500 SF $10 PSF (Annual) NNN
Suite: 54/55 2,400 SF $17.50 PSF (Annual) NNN
Suite: 8 1,600 SF $35 PSF (Annual) NNN

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City Of Wilmington / New Hanover County
Tax ID/APN: 313708.98.3846.000
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: New Center and Randall Parkway
Property Visibility: Excellent
Largest Nearby Street: S College Road
Traffic/Vehicle Count: 71,245
Site Description: Located in the University Area/District of Midtown Wilmington. The property is located at the start/end of I-40 and S. College Road. The center is in a prominent market position.
Area Description: Surrounded by Multifamily, Hotel, Retail, Office and the University of North Carolina at Wilmington.
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Good
Parking Description: Open Common Parking Field. Restriction on Employees only.
Total Parking Spaces: 1,000
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Various
Zoning Description: Regional Business - City Of Wilmington
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,239 65,091 141,920
Median Age: 24.77 33.66 36.86
Households: 4,001 28,247 61,177
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