BTS on Costco Out Parcel

Retail-Commercial for Lease
Catylist Listing ID: 30634798
Property Subtypes: Car Wash, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail
Building Status: Proposed
Contiguous Space: 1,300 - 5,200 SF
Total Available: 2,600 SF
Building Size (RSF): 2,600 SF
Gross Building Area: 5,200 SF
Gross Land Area: 0.63 Acres
Lease Rate: $35 PSF (Annual)
Base Monthly Rent: $7,583
Lease Types: NNN
Last Updated: 5/18/2022

Overview / Comments

Now offering a new build to suit opportunity at the corner of Ringo Drive and Cando Street.

This serves as the rear entrance to S&H Centre, anchored by Costco and Academy Sports. Ringo Drive extends to a fully signalized intersection on College Road and cross access grants ingress/egress to a fully signalized intersection on Market Street

With interconnectivity to Market, College and multiple apartment developments, this outparcel is located in one of the easiest areas to access for shoppers, employees and tourists.

This 0.63-acre parcel has been planned to accommodate a 2600 sf floor plan. Our client can deliver a single standalone building with drive thru; a multi-story plan exists for office over retail or a general retail use building can be built. (Please see proposed site plans for various layout options.

We are subject to use restrictions. Please disclose use when calling and we can determine if feasible or not

Expand All Available Space

Suite: 1 2,600 SF $35 PSF (Annual) NNN
Space Available: 2,600 SF
Minimum Divisible: 1,300 SF
Max Contiguous: 5,200 SF
Lease Rate: $35 PSF (Annual)
$7,583 (Monthly)
Lease Type: NNN
Space Description: Build to suit on lot 4 at S&H Centre.
Space Subcategory: Mixed Use, Office Building
Date Available: 5/1/2021
Lease Term: 120 Months
Space Type: New
Rent Escalators Description annual rental esclations
Rent Concession tenant to get a build out period post LL Delivery.
Tenant Improvements Allowance $20
Moving Allowance $0
Lease Buyout Allowance $0

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R04912-002-034-000
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: S College Rd and Lennon Drive
Property Visibility: Excellent
Largest Nearby Street: Ringo Drive
Highway Access: Direct from Ringo to S College / I-40
Airports: ILM
Site Description: Vacant Land at present
Area Description: Regional Retail hub and entry to Wilmington
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,600 SF
Parking Type: Surface
Parking Description: Common surface parking lot to be offered
Zoning Description: RB or Regional Business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,025 67,411 132,283
Median Age: 30.32 32.92 36.48
Households: 5,006 28,902 56,357
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