Catylist ID: #30329232
Second Generation Restaurant/Bar and/or Retail
Retail-Commercial for Lease
|Catylist Listing ID:||30329232|
|Property Subtypes:||Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other|
|Contiguous Space:||4,000 - 5,496 SF|
|Gross Building Area:||See Agent|
$18 PSF (Annual)
|Base Monthly Rent:||$6,000 - 8,244|
Overview / Comments
The Promenade at Market is centrally located to Downtown Wilmington, Wrightsville Beach and Porters Neck. Less than 2 mi from UNCW in the heart of Wilmington’s most condensed retail area.
Tenants within the Promenade include Johnny Lukes Kitchen, Seasoned Gourmet, Carter Kayte Day Spa, Adam & Eve. The property is surrounded by Home Depot, Kohls, O2 Fitness, Hampton Inn & Suites, Land Rover Cape Fear and Audi dealerships and Corning Wilmington.
Suite 100 is currently fitted up as full service restaurant/bar with outstanding kitchen. Landlord will consider removing restaurant fitup if tenant prefers the space to be used as retail. With the rapid growth of the foodie scene in the Wilmington market, there are very limited opportunities for restaurant spaces that are “ready to go”.
Suite 105 is 1496 of prime retail space facing Market St.
Outstanding street visibility with traffic counts averaging 34,000 daily.
Monument signage space available as well as building signage.
Expand All Available Space
|Suite: 100-105||5,496 SF||$18 PSF (Annual) NNN|
|Space Available:||5,496 SF|
|Minimum Divisible:||4,000 SF|
$18 PSF (Annual)
$6,000 - 8,244 (Monthly)
|Space Description:||Currently suite is fitted up as restaurant with large bar and outstanding kitchen. Owner is willing to lease the suite as retail suite and have restaurant equipment removed.|
|CAM Expenses||$4 PSF (Annual)|
|Rent Escalators||Step-Up Lease|
|Rent Escalators Description||3% escalations annually|
|Retail Clientele:||General, Business, Tourist, Other|
|Property Located Between:||market & eastwood|
|Largest Nearby Street:||Market St.|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Total Parking Spaces:||60|
|Parking Ratio:||4.6 (per 1000 SF)|
|Air Conditioning:||Package Unit|
|Proximity:||1 mile||3 miles||5 miles|
Terry EspyMomentum Companies Inc. NCCMLS Member
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