Retail Investment Building with Tenants for Sale
Retail-Commercial
for Sale
Catylist Listing ID: |
30708130 |
Property Subtypes: |
Free-Standing Building, Retail-Pad, Street Retail
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Building Size (RSF): |
4,988 SF
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Gross Land Area: |
1.16 Acres
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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: |
2/25/2021 |
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: |
181 |
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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