Prime Retail Location in Downtown Wilmington

Retail-Commercial for Lease
Catylist Listing ID: 30323189
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 3,497 SF
Building Size (RSF): 3,497 SF
Lease Rate: $7,950 (Monthly)
$27.28 PSF (Annual)
Lease Types: Modified Gross
Usable Size (USF): 3,285 SF
Core Factor: 9.50%
Last Updated: 9/17/2018

Overview / Comments

Sitting on the corner of Market Street and Front, this historically significant building is the ultimate downtown location for a retailer or restaurant that wants maximum exposure. The property consists of 3 floors with 1,549 sf on the ground floor and 974 sf on each of the upper floors. The space, which has been occupied by Finkelstein's for many years, has been gutted and offered as a shell for the new occupant to build out to their specs. The owner of the property is looking for a tenant that will continue to lift the quality of shopping or dining in the downtown.

Expand All Available Space

Suite: 1 3,497 SF $7,950 (Monthly) Modified Gross
Space Available: 3,497 SF
Lease Rate: $7,950 (Monthly)
$27.28 PSF (Annual)
Lease Type: Modified Gross
Date Available: 8/16/2018
Space Type: New

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04720-011-003-000
Zoning: CBD- CENTRAL BUSINESS DISTRICT
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Excellent
Largest Nearby Street: Market Street
Feet of Frontage: 82
Airports: ILM ten minutes
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Fair
Roof Type: Flat
Construction/Siding: Brick
Parking Description: Public parking 1/2 block away
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Zoning Description: CBD
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,670 38,324 111,724
Median Age: 35.65 36.45 36.35
Households: 4,384 17,619 48,452

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