Bradley Creek Station/Ground Floor 4580 RSF

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30546121
Property Subtypes: Mixed Use, Restaurant, Other
Building Status: Under Construction
Condo? Yes
Building Size (RSF): 4,580 SF
Gross Building Area: 80,112 SF
Gross Land Area: 5.85 Acres
Sale Price: $220 PSF
Total Price: $1,007,600
Ceiling: 16 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Bradley Creek Station
Usable Size (USF): 3,982 SF
Core Factor: 1.15%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/17/2020

Overview / Comments

Brokers, please see variable commission rates in Agent Notes.
COMING SOON!!!! BRADLEY CREEK STATION Retail and Office Condos. This new mixed-use project is located on the 5800 block of Oleander Drive in the Seagate area. The building is comprised of 80,112 sf +/-, spread over three floors with 26,000sf floor plates. The first floor is perfectly designed for retail, to take advantage of the high traffic counts Oleander Drive has to offer along with huge amounts of residential density surrounding the property. The 2nd and 3rd floors are designed for Class A office space, with common area restrooms, two 3,500 lbs. traction elevators and a multitude of windows for natural light. Suite sizes range in size from 2,000sf up to 26,701sf with exterior building signage made available depending on the size of the suite. The property will offer a parking ration in the high 4s per 1000sf which is shown on the attached site plan picture (subject to change depending on final approval). Cams are estimated to be $2.50/rsf not including Taxes. For a business owner, this is a perfect way to build wealth by owning your office/retail suite.

This suite has 3,982 USF which can be subdivided into 2 separate suites depending on the tenant/buyer's needs.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: 3146-89-9381.000
Is Condo?: Yes
Zoning: CB
Retail Clientele: General, Business
Property Visibility: Excellent
Traffic/Vehicle Count: 45,000
Highway Access: Hwy 74/76 Oleander Drive
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 26,701 SF
Property Condition: Excellent
Year Built: 2019
Roof Type: Flat
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: High 4/1000s
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Common area will be finished out.
Zoning Description: Community Business District
Lot Frontage: 505'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,485 60,360 129,971
Median Age: 34.28 35.62 37.27
Households: 2,641 25,438 55,421
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