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    17 Hwy Wilmington, NC

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    For Lease
    $1.00 SF/Yr ($816 /Mo)

    Grocery-anchored retail center with shop space and outparcels for lease.

    Property size:
    9,800 SF
    Lot size:
    1.51 Acres

    Property Features for 17 Hwy

    General Information

    Size
    9,800 SF
    Lot size
    1.51 Acres

    Source: The Overton Group, LLC Agent Troy Demers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grocery-Anchored Retail Center For Lease

    Coming to market in mid-2027, this grocery-anchored center will offer retail goods and services. The location benefits from 46,000 vehicles per day passing along Highway 17 at a signalized intersection. It is situated across from Blake Farms, which includes over 3,000 new home sites and residential units. The immediate trade area is experiencing rapid growth and development, creating a need for the residents relocating to the Hampstead-Wilmington corridor. This site is one of the last signalized intersections for traffic heading to the I-140 Bypass to Wilmington, making this an ideal location for both morning and evening travelers to Wilmington. The center will have 9,800 square feet of detached shops space available and two outparcels for lease. Outparcel #1 contains 1.51 acres and may be divided into two 0.75 acre pads. Outparcel #2 contains 0.75 acres. Stormwater infrastructure is completed for these parcels.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.971741
    Latitude
    34.264595

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    FAQs

    What type of property is this?
    Shopping center - Grocery-anchored retail center with shop space and outparcels for lease.
    Where is this shopping center located?
    The property is located at 17 Hwy Wilmington, NC.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Grocery-anchored center in a rapidly growing area; - **High traffic location:** 46,000 vehicles per day on Hwy-17; - Signalized intersection providing easy access
    (252) 864-3800
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 Hwy Wilmington, NC
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