Prime Retail or Office Space for Lease in Southport with Drive-Thru

Retail-Commercial for Lease
Also listed as Office, Shopping Center
Catylist Listing ID: 30709224
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Contiguous Space: 1,030 - 3,740 SF
Total Available: 6,190 SF
Building Size (RSF): 2,500 SF
Gross Building Area: 4,988 SF
Gross Land Area: 1.16 Acres
Lease Rate: $16.50 PSF (Annual)
Base Monthly Rent: $1,416 - 3,437
Lease Types: NNN
Is Quick-Service Restaurant? Yes
Has Drive-Thru? Yes
Building Name: Tidewater Plaza
Last Updated: 5/19/2022

Overview / Comments

Retail or Office Space AVAILABLE FOR LEASE within this well-appointed 3-unit retail/office building located at 1669 Howe Street in Southport, NC on a Walmart Shopping Center out parcel.

* Unit A consists of approximately 2,500 SF and was last used as a bank. This unit offers a Class A upfit and includes a 2-window, 2-lane drive-thru, bank vault, exterior mop sink, and grease trap. This dynamic unit could be converted to a dine-in restaurant, fast food (QSR) restaurant, cafe, bottle shop, taproom, office or general retail space. This unit may be decreased or increased in size by moving the demising wall. See broker for sizing guidelines.

* Unit B is currently occupied through the Spring of 2022 and is being marketed as a 1,240 SF unit that can be increased in size up to 3,740 SF by combining it with the contiguous Unit A.

The out parcel location is at the main entrance of the Walmart Shopping Center complete with a signalized intersection and approximately 232 ft. of road frontage along N. Howe St which sees a traffic count of approximately 23,000 cars per day.

The Base Lease Rate of $16.50 PSF plus a TICAM rate of $4.77 PSF. Landlord is seeking a minimum 5-year term. Tenant up-fit allowance is negotiable.

Landlord will consider various subdivision options. See Agent for details.

Expand All 4 Spaces Available

Suite: Unit A 2,500 SF $16.50 PSF (Annual) NNN
Suite: Unit A1 1,420 SF $16.50 PSF (Annual) NNN
Suite: Unit A2 1,030 SF $16.50 PSF (Annual) NNN
Suite: Unit B 1,240 SF $16.50 PSF (Annual) NNN

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Southport, NC
Tax ID/APN: 2210003104
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
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: 23,000
Highway Access: Hwy 211 & Hwy 87
Airports: ILM
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 will 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
Total Parking Spaces: 46
Parking Type: Surface
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Fiber Optic
Zoning Description: HC: Highway Commercial District. A district established for the retailing of durable goods, provision of commercial services to industrial areas, and the provision of services to transients.
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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