Retail Space for Lease - 4200 +/- Sf Monkey Junction

Retail-Commercial for Lease
Catylist Listing ID: 30665144
Property Subtypes: Day Care Facility, Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Contiguous Space: 4,200 SF
Building Size (RSF): 4,200 SF
Gross Building Area: 12,400 SF
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $7,000
Lease Types: NNN
Building Name: Britton Center
Last Updated: 1/20/2021

Overview / Comments

This Unit is a carve out of the former Wilmington Lady Fitness, which is reducing its size to a personal training studio. The new space will be roughly 4200 sf.

We are excited to offer this highly visible location for lease, the space will be delivered in Warm Vanilla Box condition ready for you to create your own perfect space.

This is end cap space, and while we do not have a grease trap for a restaurant use, the landlord would be willing to consider granting permission for it.

Space should be ready for delivery estimated January 1 2021 check with broker for updates on the delivery timeline.

Adjoining tenants are Verizon Wireless and Mad Vapes, both tenants are original tenants and have renewed their leases.

TICAM Rec was $4.25 for 2019.

Expand All Available Space

Suite: 1 4,200 SF $20 PSF (Annual) NNN
Space Available: 4,200 SF
Lease Rate: $20 PSF (Annual)
$7,000 (Monthly)
Lease Type: NNN
Space Description: This unit is a reduction from the anchor tenant. Space will be approximately 4200 sf once the subdivision is completed.
Space Subcategory: Neighborhood Center, Strip Center
Date Available: 1/1/2021
Space Type: Relet
Tax Expenses $0.60 PSF (Annual)
Operating Expenses $0.47 PSF (Annual)
CAM Expenses $3.18 PSF (Annual)
Rent Escalators Description Annual Increases Preferred. Accelerated Increases are open to discussion.
Rent Concession tenant shall receive a post lease fixture / buildout period commiserate to the level of work needed to get open for business.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County / City of Wilmington
Tax ID/APN: R07610-003-006-000
Zoning: B-2
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Highway 421
Feet of Frontage: 265
Traffic/Vehicle Count: 41,298
Highway Access: Property is on the Carolina Beach Service Road, Right in Right out access at the northern entry by car wash. Traffic Light controlled access by fire station.
Airports: ILM
Site Description: Existing retail center
Area Description: Heart of Retail in Southern New Hanover County.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 12,400 SF
Property Condition: Excellent
Year Built: 2014
Year Renovated: 2020
Parking Type: Surface
Parking Description: Common parking field for tenants
Interior Description: Vanilla Box
Zoning Description: B-2 Highway Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,814 47,241 79,495
Median Age: 37.17 39.22 40.8
Households: 3,638 19,748 33,903
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