Retail corner building & Land

Retail-Commercial for Sale
Catylist Listing ID: 30589245
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 8,900 SF
Sale Price: $1,300,000
Unit Price: $146.07 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Usable Size (USF): 8,900 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2020

Overview / Comments

This property has 2 tenants, Molly Maid, approx, 5 yr lease with 5 yr option
and doctor group getting ready to renew a 3 yr lease after being there for 6 years.
Great corner property.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04913-010-004-002
Zoning: O & I
Retail Clientele: General, Family, Business, Other
Property Located Between: darlington & market
Property Visibility: Excellent
Largest Nearby Street: market
Feet of Frontage: 100
Site Description: on the corner of market & darlington
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1990
Year Renovated: 2014
Legal Description: Legal Description LT 2A RYANS FAMILY STEAK HOUSE ( 1.04 ACRE ).

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,844 74,315 127,194
Median Age: 28.5 34.34 36.25
Households: 4,767 32,324 54,432
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