Great Market St. Visibility Retail Space

Retail-Commercial for Lease
Catylist Listing ID: 30329232
Property Subtypes: Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Contiguous Space: 1,764 - 5,496 SF
Total Available: 7,260 SF
Gross Building Area: See Agent
Lease Rate: $18 PSF (Annual)
Base Monthly Rent: $2,646 - 8,244
Lease Types: Modified Gross, NNN
In Opportunity Zone? Yes
Last Updated: 6/10/2020

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 and now LOUD MUSIC! 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. Due to changes to the Market Street adjacent to this space and the reduction of several parking spaces within the project Landlord does NOT wish to lease as restaurant. Landlord will consider removing restaurant fitup if tenant prefers the space to be used as retail....wine bar, etc
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 2 Spaces Available

Suite: 100-105 5,496 SF $18 PSF (Annual) NNN
Suite: 120 1,764 SF $18 PSF (Annual) Modified Gross

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R05009-005-023-000
Zoning: RB
Retail Clientele: General, Business, Tourist, Other
Property Located Between: market & eastwood
Property Visibility: Excellent
Largest Nearby Street: Market St.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 2004
Total Parking Spaces: 60
Parking Ratio: 4.6 (per 1000 SF)
Parking Type: Surface
Passenger Elevators: 1
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,754 66,974 137,521
Median Age: 34.35 33.31 36.76
Households: 4,459 28,712 58,798

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