Hard Corner Old Wells Fargo Bank Branch

Retail-Commercial for Lease
Catylist Listing ID: 30677108
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail
Contiguous Space: 2,200 SF
Building Size (RSF): 2,200 SF
Gross Land Area: 44,623 SF
Lease Rate: $38.25 PSF (Annual)
Base Monthly Rent: $7,012
Lease Types: NNN
Ceiling: 14 ft.
Usable Size (USF): 2,200 SF
Last Updated: 2/25/2021

Overview / Comments

This CLOSED Wells Fargo branch is prime Build to Suit opportunity for Lease. Existing structure can be reused and/or remodeled OR removed for new structure.

Hard Signaled corner with existing drive-through. Traffic counts between 26,000 - 35,000 TPD.

Highly visible location with existing signage.

This site is located within Wilmington's rapidly growing medical corridor. New Hanover Regional Medical Center is Wilmington's (NHRMC) MSA largest employer.

Expand All Available Space

Suite: 1701 2,200 SF $38.25 PSF (Annual) NNN
Level/Floor: 1
Space Available: 2,200 SF
Lease Rate: $38.25 PSF (Annual)
$7,012 (Monthly)
Lease Type: NNN
Space Description: Old Wells Fargo bank branch. Building can be re-fit for many uses. Call broker for more info.

Build to Suit available.
Space Subcategory: Free-Standing Store, Strip Center
Date Available: 12/29/2020
Lease Term: 60 Months
Space Type: Relet
Kitchen Yes
Tax Expenses $7,045 PSF (Annual)
Rent Escalators Step-Up Lease
Rent Escalators Description 3%

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R06019-002-007-000
Zoning: RB
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Corner of Shipyard & 17th St
Property Visibility: Excellent
Largest Nearby Street: Shipyard Blvd
Feet of Frontage: 225
Traffic/Vehicle Count: 32,000
Highway Access: Immediate access to US Hwy 117. Approximately 1.5 miles to US HWY 421
Airports: ILM - Wilmington international
Site Description: Flat - above road grade.
Area Description: Medical corridor and close proximity to Port of Wilmington.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,939 SF
Year Built: 1982
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick
Total Parking Spaces: 40
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Old Bank branch
Zoning Description: RB - Regional Business Permits fast food carry out. For link to approved uses: https://library.municode.com/nc/wilmington/codes/code_of_ordinances?nodeId=PTIIITECO_CH18LADECO_ART5ZODIRE_DIVIIDIRE_S18-195RBREBUDI
Lot Frontage: 226
Lot Depth: 199
Sewer Type: Municipal
Easements: Ingress/Egress
Legal Description: APN: 312615.63.6396.000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,529 69,416 135,994
Median Age: 44 37.56 36.76
Households: 2,847 32,184 58,847
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