Market Station Shopping Center

Shopping Center for Lease
Catylist Listing ID: 30511376
Property Subtypes: Strip Center
Contiguous Space: 1,275 - 2,700 SF
Total Available: 5,475 SF
Building Size (RSF): 15,790 SF
Gross Land Area: 1.75 - 1.80 Acres
Lease Rate: $14.50 - 19.50 PSF (Annual)
Base Monthly Rent: $1,540 - 4,387
Lease Types: NNN
Building Name: Market Station
Usable Size (USF): 15,790 SF
Last Updated: 10/9/2019

Overview / Comments

Market Station is a highly visible strip center located on the Market Street corridor directly in front of the Walmart Supercenter. Offering unparalleled visibility and daily traffic counts in excess of 30,000, this property is also shadow anchored by Costco, Target and Sports Authority. This property is situated along the primary corridor between downtown Wilmington and Wrightsville Beach and is 5-minutes from UNCW. Market Station is an 11-unit strip retail center situated on a Walmart Supercenter out-parcel. Market Station is a strong location for retail and service oriented businesses. Second generation spaces are available. Existing tenants include FastMed Urgent Care, Hertz Rent-a-Car, Amerilife Financial and Chopstix Restaurant.

Expand All 3 Spaces Available

Suite: 5214-105 1,275 SF $14.50 PSF (Annual) NNN
Suite: 5214-108 1,500 SF $19.50 PSF (Annual) NNN
Suite: 5214-110 2,700 SF $19.50 PSF (Annual) NNN

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R04916-001-001-000
Zoning: RB-REGIONAL BUSINESS
Retail Clientele: General, Family, Traveler, Tourist
Property Located Between: Kerr Avenue and North College Road
Property Visibility: Excellent
Largest Nearby Street: Property fronts Market Street, secondary North College Road
Feet of Frontage: 300
Traffic/Vehicle Count: 29,000
Highway Access: Property is located on US Hwy 17 / Market Street
Airports: Wilmington International Airport (<5 miles)
Site Description: The property is a approximately 1.75 acres, street grade level. The center is an l-shape center facing the corner of Market Street and Walton Road
Area Description: Property is locate in the center of the Greater Wilmington MSA. 5-mile population is 125,000 with an average household income of $60,000.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 15,790 SF
Property Condition: Good
Year Built: 2003
Roof Type: Flat
Construction/Siding: Brick
Parking Ratio: 3.7 (per 1000 SF)
Parking Type: Surface
Parking Description: Surface parking with space directly in front of units, four additional rows in parking field plus spaces on one end of the building and a few behind the center.
Total Parking Spaces: 60
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Interior Description: Second generation retail space, generally open space
Zoning Description: Sec. 18-195. - RB, Regional Business District. (a)Purpose. This district is established to accommodate large commercial facilities offering goods and services meeting the needs of the city, county and regional residents. It is designed to locate at the intersections of major thoroughfares and occur in clustered patterns. The district is intended to encourage one-stop shopping at convenient and safely accessible locations.(b)Uses permitted by right. The following uses are permitted provided that they meet all requirements of this section and all other applicable requirements established in these regulations.(1)Amusement and recreation services, indoor.(2)Artists, commercial including silk screening.(3)Assembly hall.(4)Automobile and truck dealers, new and used.(5)Automobile care center.(6)Automobile parts and supply store.(7)Automobile renting and leasing.(8)Banking services.(9)Building material dealers.(10)Bus and taxi service.(11)Business services.(12)Carpet and upholstery cleaners.(13)Chimney and furnace cleaning.(14)Contractors office, general or special trade, with no outdoor storage.(15)Contractors' equipment and supply dealers and service, with no storage.(16)Convenience food stores.(17)Divers, commercial.(18)Drive-in theater.(19)Exterminating services, dwellings and other buildings.(20)Fuel and ice dealers.(21)Funeral home and crematory.(22)Furniture stores.(23)Gun sales, including repair.(24)Hospitals, except animal hospitals.(25)Janitor services.(26)Laboratories, testing.(27)Liquor stores.(28)Manufactured housing dealers.(29)Marina.(30)Motels and hotels.(31)Motorcycle dealers.(32)Movers, van lines and storage.(33)Movie theaters, excepts drive-in.(34)Nightclubs.(35)Offices, medical.(36)Offices, professional.(37)Parks and recreation areas, municipal.(38)Personal services.(39)Photography studios.(40)Post office.(41)Recreational vehicles and utility trailer dealers.(42)Research and development laboratories.(43)Residential hotels.(44)Restaurant, fast-food carry-out.(45)Restaurant, standard (sit-down).(46)Retail sales establishments.(47)Reserved.(48)Ship chandler.(49)Small engine repair, except automotive.(50)Social services.(51)Spas and health clubs.(52)Upholstery and furniture repair.(53)Veterinary service with enclosed pens.(54)Community center.(55)Recreation facility, private.(c)Uses permitted under prescribed conditions. The following uses are permitted provided that they meet all requirements of this section, Article 6, and all other applicable requirements established in these regulations.(1)Automotive services, except repair and towing services.(2)Auxiliary uses and wares.(3)Bowling alleys and pool halls.(4)Communication facilities.(5)Commercial parking lots.(6)Governmental uses outside public rights-of-way, except offices.(7)Group home supportive, large.(8)Group home supportive, medium.(9)Libraries.(10)Kennels, commercial boarders and breeders.(11)Religious institutions.(12)Residential unit contained within principal use.(13)Residential uses as allowed in Commercial District Mixed Use.(14)Schools, college and universities.(15)Schools, trade, correspondence and vocational schools.(16)Shopping center.(17)Skating rink, roller and ice.(18)Telecommunication facility, unattended.(19)Tire dealers and service.(20)Service station.(21)Utility stations and plants outside public rights-of-way (public and private) including lift stations, substations, pump stations, etc.(22)Electronic gaming establishments.(23)Day care, adult or child.(24)Breweries, small regional and microbreweries.(25)Artisan food and beverage producers.(26)Mini-warehousing, multi-story.(27)Homestay lodging.(28)Whole-house lodging.
Lot Frontage: 300
Water Service: Municipal
Sewer Type: Municipal
Legal Description: TR PT GORE HARNETT & ADJ RR R/W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,126 76,237 137,033
Median Age: 28.49 33.79 36.75
Households: 5,155 32,695 58,571
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