BRAND NEW ! Office/Retail Suite in Social 17 Apartments

Retail-Commercial for Lease
Catylist Listing ID: 30705814
Property Subtypes: Mixed Use, Street Retail
Building Status: Under Construction
Contiguous Space: 1,150 SF
Building Size (RSF): 1,150 SF
Gross Building Area: See Agent
Lease Rate: $25 PSF (Annual)
Base Monthly Rent: $2,395
Lease Types: Gross Lease
Usable Size (USF): 1,150 SF
Last Updated: 7/28/2021

Overview / Comments

This Commercial Space is located at 17 Social, a new apartment community located at the corner of S. 17th Street and Greenfield Streets. The property has direct access to 17 from the traffic light. The Commercial Space is located on the first floor down from the leasing office.

The space will be ready for occupancy by the August 2021.

We are seeking a low traffic user for the space.

The Unit will have immediate access to the residents of 17 social with 270 apartments on the property.

Developer is willing to provide some TI.

Expand All Available Space

Suite: 1 1,150 SF $25 PSF (Annual) Gross Lease
Space Available: 1,150 SF
Lease Rate: $25 PSF (Annual)
$2,395 (Monthly)
Lease Type: Gross Lease
Space Description: Suite located in Social 17.
Space Subcategory: Mixed Use, Medical
Date Available: 5/1/2021
Space Type: New
Rent Escalators Step-Up Lease
Rent Escalators Description 4% annual increases
Rent Concession Time necessary to build out at a max of 120 days.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Wilmington and New Hanover County
Tax ID/APN: R05419-003-001-000
Zoning: O&I CD
Retail Clientele: General, Family
Property Visibility: Excellent
Largest Nearby Street: S 17th Street
Feet of Frontage: 766
Traffic/Vehicle Count: 24,094
Highway Access: Direct to S 17th Street
Airports: ILM
Site Description: Apartment Complex Commercial Space
Area Description: New Construction Apartment Complex Adjacent to the Cape Fear Country Club and Scottish right temple. Property is located just down the street from the City of Wilmington's Medical District.
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 2021
Parking Type: Surface
Parking Description: Open Parking
Sprinklers: Wet
Heat Type: Electricity
Air Conditioning: Package Unit
Interior Description: See Floor Plan
Lot Frontage: 766
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,182 65,443 138,086
Median Age: 38.28 36.03 36.49
Households: 4,698 30,699 59,310
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