Retail Space For Lease-887 SF +/- in Oak Court

Retail-Commercial for Lease
Catylist Listing ID: 30441494
Property Subtypes: Day Care Facility, Restaurant, Retail-Pad, Street Retail, Vehicle Related, Other
Contiguous Space: 887 - 1,774 SF
Total Available: 887 SF
Building Size (RSF): 887 SF
Gross Building Area: 4,000 SF
Gross Land Area: 2.37 Acres
Lease Rate: $12 PSF (Annual)
Base Monthly Rent: $887
Lease Types: NNN
Building Name: Oak Court
Usable Size (USF): 887 SF
Last Updated: 9/16/2019

Overview / Comments

One spacious unit (approximate dimensions 23X38) priced to lease with great signage in the heart of Wilmington. Located on a major through fare between Market Street and Randall Parkway with 29,865 CPD. Surrounded by student housing, market rate apartments, retail centers, and industrial facilities. This translates to numerous bodies within walking distance of this location. Less then a mile from UNCW campus and near public transportation. Perfect for a start up retailer.

Expand All Available Space

Suite: B 887 SF $12 PSF (Annual) NNN
Space Available: 887 SF
Max Contiguous: 1,774 SF
Lease Rate: $12 PSF (Annual)
$887 (Monthly)
Lease Type: NNN
Space Description: Former health food shop. 887 SF of open space. One bathroom.
Space Subcategory: Strip Center, Office Showroom
Date Available: 6/11/2019
Lease Term: 60 Months
Space Type: Relet
Rent Escalators Percentage Lease
Rent Escalators Description 35 annual increase
Rent Concession Tenant shall be provided a up fit period before rent and term commences.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R04918-003-007-000
Zoning: RB
Retail Clientele: General, Family, Business, Traveler, Recreation, Other
Property Located Between: Market and Randall Parkway
Property Visibility: Fair
Largest Nearby Street: S Kerr Ave
Traffic/Vehicle Count: 29,865
Highway Access: Direct to S Kerr to Hwy 17 / Market
Airports: ILM
Site Description: Retail Building on S Kerr Ave - shared drive isle with aproximately 90 Apartments Behind this center
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 887 SF
Property Condition: Average
Year Built: 1968
Year Renovated: 1980
Construction/Siding: Block
Exterior Description: Glass Store Front
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: Common
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable
Zoning Description: RB-Region Business
Lot Frontage: 101.4
Lot Depth: 518
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Access easement for rear apartments.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,349 72,486 136,859
Median Age: 26.66 33.65 36.67
Households: 5,482 31,189 58,873
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