of Retail Presented By: Cape Fear Commercial 1051 Military Cutoff Rd Suite 200 Wilmington, NC (p) (f)

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Presented By: Cape Fear Commercial 1051 Military Cutoff Rd Suite 200 Wilmington, NC (p) (f)

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Transcription:

+/- 12,403 SF of Retail Outparcel 4 +/- 1.19 Acres Outparcel 3 +/- 1.11 Acres Outparcel 1 +/- 1.72 Acres Outparcel 2 +/- 1.01 Acres Presented By: Cape Fear Commercial 1051 Military Cutoff Rd Suite 200 Wilmington, NC 28405 (p) 910.344.1000 (f) 910.344.1020

PROPERTY OVERVIEW is a newly opened retail shopping center, located at the northwest corner of NC Hwy 210 and NC Hwy 50. The subject is less than 2.5 miles from area beaches, and located in the Surf City submarket which is currently experiencing tremendous growth and investments with several major projects underway, including a K-8 school and new bridge project to replace existing swing bridge over the Intracoastal Waterway on N.C. 50/210. The shopping center is anchored by a +/- 45,600 SF Publix, that opened in May of 2018. Available immediately is +/- 1,200 12,430 SF of retail space and a total of +/- 5.03 acres of ground lease outparcel space. There are 8 retail units currently available. The 4 outparcels range from +/- 1.01 acres 1.72 acres. LEASE RATE LOCATION: ZONING: RETAIL SPACE AVAILABLE: RETAIL SPACE ASKING RATE: OUTPARCELS: 2765 NC-210 Hampstead, Pender County, North Carolina 28443 C-3 Extended Commercial +/- 1,200 12,430 SF (8 Units) $24.00 PSF l NNN TICAM is $4.47 PSF Outparcel lots range from +/- 1.01 1.72 Acres OUTPARCEL PRICING: $75,00 $102,00 Annually bryce@

PROPOSED RETAIL SITE PLAN bryce@

CURRENT RETAIL SITE WORK bryce@

OUTPARCELS Outparcel #1 ( +/- 1.72 Acres) $102,000 per year Outparcel #2 ( +/- 1.01 Acres) $82,500 per year Outparcel #3 ( +/- 1.11 Acres) $75,000 per year Outparcel #4 ( +/- 1.19 Acres) $82,500 per year +/- 12,403 SF of Retail Outparcel 2 +/- 1.01 Acres Outparcel 1 +/- 1.72 Acres Outparcel 4 +/- 1.19 Acres Outparcel 3 +/- 1.11 Acres bryce@

PHOTOS bryce@

TOPSAIL SURROUNDING BEACHES TOPSAIL BEACH Incorporated in 1963, the Town of Topsail Beach boasts a friendly, family oriented style of beach living. There are over 1200 homes, but only about 500 year-round residents. The seasonal influx of tourists increases the population to about 7,000, which helps sustain the town's motels, restaurants, gift shops, fishing pier and other businesses. SURF CITY Surf City, NC, is the largest of the 4 incorporated Town's in the Topsail region boasting 6 miles of beaches on Topsail Island as well as properties adjacent to coastal waters and marshes, a wonderful parks and recreation system with 3 parks and a community center. Recent growth has brought outstanding commercial projects as well as new residential developments to the island and the mainland. NORTH TOPSAIL BEACH North Topsail Beach lies on the northernmost section of Topsail Island, directly north of Surf City. Located in Onslow County, NTB has a population of 843, which swells in the summer due to its large number of vacation rentals. Mainly residential, this portion of Topsail Beach has few commercial developments, making Surf City the main commercial hub for the island. bryce@

TOPSAIL ISLAND BRIDGE REPLACEMENT The N.C. Department of Transportation is replacing the old swing bridge over the Intracoastal Waterway into Surf City with a new bridge, which is outlined above. The project is funded, and right of way is expected to commence in 2015 with construction estimated to begin 2017. For more information, please view the links below: https://www.ncdot.gov/projects/topsailislandbridge/ http://www.surfcity.govoffice.com/index.asp?type=b_basic&sec={25af747e-2702-43a9-87cb-0fffc43137af} bryce@

LOCATION MAP bryce@

Cape Fear Commercial is a boutique commercial real estate firm based in Wilmington, North Carolina. We specialize in providing targeted brokerage, property & facilities management, and development services. For over 15 years, our team of elite professionals has helped owners, users, developers and investors successfully navigate the real estate market. We are consistently recognized as an industry leader for the unique perspective we bring to every project. 1051 MILITARY CUTOFF ROAD STE. 200 WILMINGTON, NC 28405 p. 910.344.1000 f. 910.344.1020 www.