Second Generation Restaurant Space - Great Harvest Bread (Cinema Oaks)
Retail-Commercial
for Lease
Also listed as Shopping Center
| Catylist Listing ID: |
30635004 |
| Property Subtypes: |
Restaurant, Street Retail
|
| Contiguous Space: |
2,106 SF |
| Gross Building Area: |
See Agent |
| Lease Rate: |
$17.50 - 18.50 PSF (Annual)
|
| Base Monthly Rent: |
$3,071 - 3,246 |
| Lease Types: |
NNN |
| Last Updated: |
7/29/2020 |
Overview / Comments
|
Former restaurant space that is well positioned for a successful long-term restaurant and or bakery. The site is currently being redevelopment with a new apartment community next door and a traffic signal into the shared entrance. Neighborhood mixed use center anchored by Tidal Creek Co-Op market. Other tenants include Wilmington Yoga, Hair Salon, etc.
|
| Space Available: |
2,106 SF |
| Lease Rate: |
$17.50 - 18.50 PSF (Annual)
$3,071 - 3,246 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Second generation restaurant space, formerly Great Harvest Bread Company that has closed due to COVID. The offering does not include any restaurant equipment though a direct sale may be available with former operator. We will consider a restaurant use or retail/office change of use. All infrastructure is in-place for a restaurant/bakery. |
| Space Subcategory: |
Strip Center |
| Date Available: |
8/1/2020 |
| Lease Term: |
120 Months |
| Space Type: |
New |
| Offices |
1 |
| Kitchen |
Yes |
| CAM Expenses |
$4 PSF (Annual) |
| Rent Escalators |
Other |
| Rent Escalators Description |
3% |
Additional Details
| Nearest MSA: |
Wilmington |
| County: |
New Hanover |
| Tax ID/APN: |
R06205-005-035-000 |
| Zoning: |
CB |
| Retail Clientele: |
General, Family, Tourist |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
3 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
2002 |
| Year Renovated: |
2020 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
Community Business |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Ingress/Egress |
| Easements Description: |
New signalized intersection with shared ingress/egress with under-construction Apartment Community. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,500 |
64,069 |
141,898 |
| Median Age: |
33.38 |
36.02 |
37.13 |
| Households: |
4,232 |
27,355 |
60,883 |
|
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