Bradley Creek Station / Ground Floor
Retail-Commercial
for Sale
Also listed as Office
| Catylist Listing ID: |
30707198 |
| Property Subtypes: |
Mixed Use, Other
|
| Condo? |
Yes |
| Building Size (RSF): |
1,951 SF
|
| Gross Building Area: |
79,602 SF |
| Gross Land Area: |
5.85 Acres
|
| Sale Price: |
$235 PSF |
| Total Price: |
$458,485 |
| Ceiling: |
16 ft. |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Bradley Creek Station |
| Usable Size (USF): |
1,709 SF |
| Core Factor: |
1.15% |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/12/2021 |
Overview / Comments
Brokers, please see variable commission rates in Agent Notes.
BRADLEY CREEK STATION, Retail and Office Condo’d Mixed-Use Development. This new development is conveniently located on the 5800 block of Oleander Drive in the Seagate area of Wilmington. The building is comprised of 79,602 square feet, spread over three floors with 26,400 + square foot floor plates. The first floor is perfectly designed for retail to take advantage of the high traffic counts and visibility 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 from 1,800 usf up to 26,446 rsf and can be based on the tenant’s needs. Businesses that need signage have the ability to use the digital marquee on a rolling basis and have the ability to put signage on the building per local governmental code. Ease of access is always an important feature for any development, at Bradley Creek Station we have a full access stoplight to help with ingress and egress onto Oleander Drive. Not only is access important, but parking also plays an important role in development. The development offers 5.8 parking spaces for every 1,000 usf. At Bradley Creek Station, a business owner has the ability to purchase their suite and build wealth through their business or they have the option to lease. Through the preleasing and selling efforts we have acquired a strong business base for the development; First Carolina Bank, Head To Toe Day Spa, Crabby Chic, Big Sky Design, and Angel Oak Mortgage to name a few.
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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: |
26,400 SF |
| Property Condition: |
Excellent |
| Year Built: |
2020 |
| Roof Type: |
Flat |
| Construction/Siding: |
Steel Frame |
| Total Parking Spaces: |
385 |
| Parking Ratio: |
5.9 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
First Come First Serve |
| 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 |
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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