Prime Retail or Office Space for Lease

Retail-Commercial for Lease
Also listed as Office, Shopping Center
Catylist Listing ID: 30709224
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail
Contiguous Space: 1,030 - 2,498 SF
Building Size (RSF): 2,498 SF
Gross Building Area: 4,988 SF
Gross Land Area: 1.16 Acres
Lease Rate: $20 PSF (Annual)
Base Monthly Rent: $4,163
Lease Types: NNN
Has Drive-Thru? Yes
Building Name: Tidewater Plaza
Usable Size (USF): 2,498 SF
Last Updated: 4/7/2021

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 which is currently vacant was last used as a bank, and is approximately 2,500 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 232 ft. of road frontage along N. Howe St.
The $5,048.00 monthly rent includes a base lease rate of $20.00 PSF and a TICAM rate of $4.25 PSF. Minimum 5-year term. Tenant up-fit allowance is negotiable. Landlord will consider dividing the unit into 2 units. The building is also For Sale at $1,350,000.00. See Agent for details.

Expand All Available Space

Suite: Unit A 2,498 SF $20 PSF (Annual) NNN
Level/Floor: 1
Space Available: 2,498 SF
Minimum Divisible: 1,030 SF
Lease Rate: $20 PSF (Annual)
$4,163 (Monthly)
Lease Type: NNN
Space Description: Unit A is one of the building's 3 units and is currently vacant. The unit was last occupied by a bank. and is approximately 2,500 sq, ft. The unit has well appointed decor and includes a 2-lane drive through.
Space Subcategory: Neighborhood Center, Office Showroom
Date Available: 2/22/2021
Space Type: Relet
Kitchen Yes
CAM Expenses $4.25 PSF (Annual)
Rent Escalators Step-Up Lease

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
Site Description: The building is located on an out parcel of a Walmart super store center facing N Howe St. Perpendicular to the Walmart store is a line of retail shops facing the parking lot
Area Description: The Walmart Center is on N. Howe St. (Hwy 211) approximately 2 miles to downtown Southport and approximately 2 miles to the Long Beach Road intersection. N. Howe US 211 is slated for widening . All of the construction willl be done on the far side of the road
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

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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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