Investment Sale - Market Station

Shopping Center for Sale
Sale Pending
Also listed as Retail-Commercial
Catylist Listing ID: 30639771
Property Subtypes: Net Leased, Strip Center
Status: Pending
Building Size (RSF): 15,790 SF
Gross Land Area: 1.50 Acres
Sale Price: $2,600,000
Unit Price: $164.66 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Market Station
Usable Size (USF): 15,790 SF
Sale Terms: Cash to Seller
Cap Rate: 5.42%
Last Updated: 6/10/2021

Overview / Comments

Price Reduced! Located on the main retail corridor in the region, Market Station is a +/-15,790 SF Wal-Mart shadow anchored strip center.

The property sits at the corner of Market Street and Walton Road, and is in close proximity to major retailers, including Wal-Mart, Target, Costco, Academy Sports, Best Buy, Lowe’s Home Improvement, Chick-fil-A and many more.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04916-001-001-000
Zoning: RB (CITY OF WILMINGTON)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,126 74,702 137,033
Median Age: 28.49 33.7 36.75
Households: 5,155 32,054 58,571
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