Anderson Square Portfolio Sale Units B&C

Retail-Commercial for Sale
Also listed as Shopping Center
Catylist Listing ID: 30775500
Property Subtypes: Street Retail
Building Size (RSF): 3,761 SF
Sale Price: $846,000
Unit Price: $224.94 PSF
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 3,761 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2021

Overview / Comments

Offering consists of a portfolio of two, single-tenant, net investments for sale. Units are located in Anderson Square, a thriving center in the heart of Midtown Wilmington.

Units have been well maintained and are in great condition. HVAC is less than a year old. Please see attached marketing package for additional information on individual leases.

Anderson Square is centrally located in the Midtown submarket of Wilmington along Oleander Drive. It sits in close proximity of Independence Mall, Whole Foods and UNCW, as well as the highly trafficked intersection of S. College Road & Oleander Drive.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R05518-026-015-012; R05518-026-015-013
Zoning: CB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,485 83,876 139,532
Median Age: 35.52 35.67 36.88
Households: 4,355 36,331 60,115

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