Shallotte Commons Shopping Center
Shopping Center
for Lease
| Catylist Listing ID: |
30610706 |
| Property Subtypes: |
Community Center, Grocery-Anchored, Neighborhood Center
|
| Contiguous Space: |
8,450 - 24,964 SF |
| Total Available: |
33,414 SF |
| Gross Building Area: |
87,757 SF |
| Gross Land Area: |
7.76 Acres
|
| Lease Rate: |
$8 - 12 PSF (Annual)
|
| Base Monthly Rent: |
$8,450 - 16,642 |
| Lease Types: |
NNN |
| Building Name: |
Shallotte Commons Shopping Center |
| Last Updated: |
10/15/2021 |
Overview / Comments
Shallotte Commons Shopping Center is strategically located in the center of the commercial hub of Southeastern North Carolina. Fifteen minutes from the South Brunswick Islands of Holden Beach, Ocean Isle Beach and Sunset Beach, Shallotte is thirty minutes from Wilmington, NC and Myrtle Beach, SC.
Shallotte Commons Shopping Center has great exposure and access from Main Street (Hwy 17 Business with 13,500 VPD) and Village Road (Hwy 179 with 5,500 VPD) and is 0.2 miles from a signalized intersection with 19,000 VPD. New commercial development in Shallotte includes several franchise restaurants and Coastal Walk Marketplace which will feature Ulta, Ross, Marshalls, PetSmart, Hobby Lobby and Rack Room. The Shallotte Riverfront Redevelopment Project is currently in the permitting process and will attract locals and tourists alike traveling the Main Street corridor.
Shallotte Commons is an 87,757 SF shopping center on 7.76 acres that is the ideal location for Office, Retail, Service, or any other business seeking a high traffic location with ample parking and easy access. Inline units are available from 1,950 sf to 8,450 sf and the anchor opportunity in the 47,150 sf space that can be subdivided if needed. Join nearby retailers including Walmart, Home Depot, Lowes, Belk, Big Lots and more in one of the fastest growing vacation and retirement regions in the US.
Shallotte commons is under New Ownership and Management with many improvements underway to enhance its value to its tenants which include San Jose Mexican Restaurant, Domino's Pizza, OneMain Financial and TruFit Gym.
|
| Space Available: |
24,964 SF |
| Lease Rate: |
$8 PSF (Annual)
$16,642 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
24,694 available after subdivision of space to accommodate 21,389 sf Planet Fitness buildout of 1A. |
| Date Available: |
8/1/2020 |
| Space Type: |
Relet |
| CAM Expenses |
$2.57 PSF (Annual) |
| Space Available: |
8,450 SF |
| Lease Rate: |
$12 PSF (Annual)
$8,450 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Previously a grocery and home goods retail store this space is large and open with excellent storefront visibility a storage area in the rear. |
| Date Available: |
5/19/2020 |
| Space Type: |
Relet |
| CAM Expenses |
$2.57 PSF (Annual) |
Additional Details
| Nearest MSA: |
Myrtle Beach-Conway-North Myrtle Beach |
| County: |
Brunswick |
| Tax ID/APN: |
1970005507 |
| Zoning: |
SH-HB |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Located Between: |
Village Road (Hwy 179) and Main Street |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Highway 179 |
| Feet of Frontage: |
500 |
| Highway Access: |
Located between Highway 179 and Main Street, easy access to Highway 130 to Whiteville and Highway 17 to Wilmington, NC and Myrtle Beach, SC |
| Airports: |
Equidistant to Wilmington International and Myrtle Beach International |
| Site Description: |
Large lot with ample parking undergoing improvements |
| Area Description: |
Shallotte is the commercial hub for the South Brunswick Islands communities of Holden Beach, Ocean Isle Beach, Sunset Beach and Calabash. The large retail stores and diversity of shops and restaurants draw from Bolivia, Supply and Whiteville. New projects underway include the Coastal Walk Marketplace anticipating Ulta, Hobby Lobby, Chick-fil-A and Starbucks and the Shallotte Riverfront Project with riverwalk and new riverfront restaurant and retail locations. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1984 |
| Year Renovated: |
2006 |
| Roof Type: |
Flat |
| Construction/Siding: |
Stucco |
| Parking Ratio: |
5.3 (per 1000 SF) |
| Parking Type: |
Surface |
| Total Parking Spaces: |
450 |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,903 |
6,012 |
16,673 |
| Median Age: |
52.19 |
44.69 |
47.62 |
| Households: |
853 |
2,518 |
7,304 |
|
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