Prime Retail Location in Downtown Wilmington

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30323189
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 938 - 1,876 SF
Total Available: 3,376 SF
Building Size (RSF): 3,497 SF
Lease Rate: $18 - 32 PSF (Annual)
Base Monthly Rent: $1,407 - 4,000
Lease Types: Full Service, Modified Gross
Building Name: Finklestein Building
Usable Size (USF): 3,285 SF
Core Factor: 9.50%
Last Updated: 2/4/2019

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, is in shell condition and waiting 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 2 Spaces Available

Suite: 100 1,500 SF $32 PSF (Annual) Modified Gross
Suite: 200 1,876 SF $18 PSF (Annual) Full Service,Modified Gross

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04720-011-003-000
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: Multiple Tenants
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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