Wilmington Retail Opportunity For
For Lease
Contact for pricing
111 Cinema Dr, Wilmington, NC
54,662 SF retail building on 8.6 acres available for lease.
Property Size54,662 SF
Lot Size8.60 Acres
Days on Market1025
Property Features for 111 Cinema Dr
General Information
Standard status
Active
Size
54,662 SF
Lot size
8.60 Acres
Property subtype
RETAIL
Listing Agency:
Carolina Commercial Investment Properties, LLC
(910) 297-9572
Listed By:
PJ Doherty
(910) 297-9572
Source:
Moodyscre
Added: Oct 13, 2023
Changed: Jul 6
Last Checked: Jul 21 at 4:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carolina Commercial Investment Properties, LLC
Investment Insights
Based on property information with market context.
Located in the heart of Wilmington, this property features a 54,662-square-foot building with high ceilings, situated on 8.6 acres. The building, currently a cinema, will be vacated by mid-November. Cinema Drive serves as a collector street for downtown traffic from Kerr Avenue. Zoned RB, the property allows for automotive use, assembly, and amusement-recreation centers, offering flexible land use options. The owner is seeking an absolute net land lease.
Key Highlights
- 8.6 acres centrally located in the heart of Wilmington.
- RB Zoning allows for automotive use, assembly, amusement‑rec center - very flexible land use.
- Building is 54,662 sq ft with high ceilings.**
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,042
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- FauxReal Flowers — 108 N Kerr Ave Unit 3C, Wilmington, NC 28405
- Faux Real Flowers Wilmington — 108 N Kerr Ave STE C3, Wilmington, NC 28405
Frequently Asked Questions
What type of property is this?
Storefront property - 54,662 SF retail building on 8.6 acres available for lease.
Where is this storefront property located?
The property is located at 111 Cinema Dr Wilmington, NC.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 8.6 acres centrally located in the heart of Wilmington.; RB Zoning allows for automotive use, assembly, amusement‑rec center - very flexible land use.; Building is 54,662 sq ft with high ceilings.**
