Investment Sale - Market Street Three Tenant Strip - Confidential

Retail-Commercial for Sale
Catylist Listing ID: 30720548
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 4,536 SF
Sale Price: $1,440,451
Unit Price: $317.56 PSF
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 4,536 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2021

Overview / Comments

This Three Unit Strip Center is located on Market Street in Wilmington NC, Near the Target Center, University Centre and is situated between Lullwater Drive and New Centre Drive.

This property has good visibility and access from Market Street. National brand and Local Tenants are in the Shopping Center.

Our numbers are based on Actual Numbers. Contact for a Confidentiality Agreement and we can release the information on the property to you.

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04915-002-017-000
Zoning: RB-REGIONAL BUSINESS
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Lullwater Drive and New Centre Drive
Property Visibility: Excellent
Largest Nearby Street: Market Street - Highway 17
Feet of Frontage: 135
Traffic/Vehicle Count: 51,230
Highway Access: Direct
Site Description: Three Unit Strip Center
Area Description: Heavy Retail Corridor of Market Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1999
Year Renovated: 2005
Zoning Description: RB
Lot Frontage: 139
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Ingress/Egress
Easements Description: Shared Access to the Property.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,243 75,324 132,747
Median Age: 27.01 34.12 36.65
Households: 7,532 32,307 56,887
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