Retail Investment Building with Tenants for Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30708130 |
| Property Subtypes: |
Free-Standing Building, Retail-Pad, Street Retail
|
| Building Size (RSF): |
4,988 SF
|
| Gross Land Area: |
1.16 Acres
|
| Sale Price: |
$1,350,000 |
| Unit Price: |
$270.65 PSF |
| Has Drive-Thru? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: |
Tidewater Plaza |
| Usable Size (USF): |
4,988 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/27/2021 |
Overview / Comments
A 3-unit retail building located on a Wal-Mart Shopping Center out-parcel in Southport NC. Two of the units are currently leased to US Cellular and Great Clips.
The 3rd unit is currently vacant was last used as a bank, and is approximately 2500 SF. This unit has well appointed decor and includes a 2-window, 2-lane drive through. The out-parcel location is at the main traffic lighted entrance with 181 ft. of road frontage along N. Howe St.
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Additional Details
| Nearest MSA: |
Myrtle Beach-Conway-North Myrtle Beach |
| County: |
Brunswick |
| Taxing Authority: |
Southport, NC |
| Tax ID/APN: |
2210003104 |
| Zoning: |
SOUTHPORT HIGHWAY COMMERCIAL (HC) |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Located Between: |
N. Howe St. and River Road |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
N. Howe St |
| Feet of Frontage: |
232 |
| Traffic/Vehicle Count: |
19,500 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
2003 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Lot Frontage: |
232 Ft. |
| Lot Depth: |
247 Ft. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,674 |
8,317 |
10,687 |
| Median Age: |
50.29 |
52.69 |
52.06 |
| Households: |
1,259 |
3,835 |
4,930 |
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