Midtown Village - Retail Space For Lease

Retail-Commercial for Lease
Catylist Listing ID: 30324767
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Status: Proposed
Contiguous Space: 1,500 - 7,500 SF
Building Size (RSF): 40,000 SF
Gross Land Area: 11.40 Acres
Lease Rate: $28 PSF (Annual)
Base Monthly Rent: $3,500 - 17,500
Lease Types: NNN
Last Updated: 3/20/2019

Overview / Comments

NOW PRELEASING! Located at one of the most popular commercial corridors in New Hanover County, Midtown Village is a newly announced mixed-use development situated at the intersection of Independence and Shipyard Boulevards in Wilmington, North Carolina. Midtown Village will consist of approximately 40,000 SF of ground floor retail in Master Plan A and B. There will be several buildings throughout the project that will host restaurants, retail, office space and a hotel. The master-planned development will share attractive architectural designs, landscaping and inner-connectivity linking everything together to create an environment meant for work and play.

Expand All Available Space

Suite: 1,500-7,500sf 7,500 SF $28 PSF (Annual) NNN
Space Available: 7,500 SF
Minimum Divisible: 1,500 SF
Lease Rate: $28 PSF (Annual)
$3,500 - 17,500 (Monthly)
Lease Type: NNN
Space Description: Units range in size from approximately 1,500sf up to 7,500sf within Master Plan A and B.
Date Available: 12/31/2019
Space Type: New
Tenant Improvements Allowance $25

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Wilmington
Tax ID/APN: R06113-001-001-000
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Largest Nearby Street: Located at the intersection of Independence and Shipyard Blvds
Feet of Frontage: 224
Traffic/Vehicle Count: 26,000
Airports: Wilmington International Airport (ILM)
Area Description: Located in the master-planned mixed use development of Midtown Village. Other surrounding businesses include Verizon's Call Center Campus, State Employees Credit Union, South State Bank, Emerge Ortho and Live Oak Bank's Corporate Campus. The development is well-located in the center of the county, referred to as the Midtown Submarket.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Excellent
Year Built: 2019
Roof Type: Mansard
Construction/Siding: Brick, HardiePlank Siding
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: RB-Regional Business
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,684 79,538 127,530
Median Age: 46.65 36.38 36.59
Households: 3,166 35,290 55,331
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