Retail Unit For Lease Market Street

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30721032
Property Subtypes: Mixed Use, Other
Contiguous Space: 5,496 SF
Building Size (RSF): 5,496 SF
Gross Building Area: 24,078 SF
Gross Land Area: 1.89 SF
Lease Rate: $18.75 PSF (Annual)
Base Monthly Rent: $8,587
Lease Types: Modified Gross
In Opportunity Zone? Yes
Building Name: The Promenade At Market
Usable Size (USF): 5,496 SF
Last Updated: 4/8/2021

Overview / Comments

5500 Market Street, STE 100 is the ground floor end unit facing Market Street. This unit can be subdivided if the tenant needs less space. There is an excellent tenant mix in the building currently. Terrific traffic counts and visibility on Market Street.

Attachments & Media

Expand All Available Space

Suite: 100 5,496 SF $18.75 PSF (Annual) Modified Gross
Level/Floor: 1
Space Available: 5,496 SF
Lease Rate: $18.75 PSF (Annual)
$8,587 (Monthly)
Lease Type: Modified Gross
Space Subcategory: Mixed Use, Strip Center
Date Available: 4/2/2021
Space Type: Relet

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R05009-005-023-000
Zoning: RB
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Market Street and Old Eastwood Road
Property Visibility: Excellent
Largest Nearby Street: HWY 17
Highway Access: Located on US HWY 17 & 74
Airports: ILM
Site Description: The building is at the intersection of Market Street and Old Eastwood Road.
Area Description: The area is Market Street between College Road and MLK PKWY, Eastwood Rd. Excellent access and visibility.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 2004
Year Renovated: 2021
Exterior Description: glass, steel and block
Parking Type: Surface
Parking Description: paved parking on 3 sides of the building
Heat Type: Electricity
Heat Source: Heat Pump
Interior Description: to be determined by tenant
Zoning Description: Regional Business
Lot Frontage: irregular
Lot Depth: irregular
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,754 66,974 137,521
Median Age: 34.35 33.31 36.76
Households: 4,459 28,712 58,798

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