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    5051 Main St Shallotte, NC 28470

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    For Lease
    $8 SF/Yr ($16,642 /Mo)

    Prime retail space available in a high-traffic shopping center.

    Property size:
    24,964 SF
    Lot size:
    7.70 Acres

    Property Features for 5051 Main St

    General Information

    Size
    24,964 SF
    Lot size
    7.70 Acres

    Source: Sun Coast Partners Commercial Agent Kelly Stuart

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

    Overview

    Updated Retail Space in Shallotte

    Shallotte Commons is an 87,757± square foot shopping center situated on 7.76 acres, offering an ideal location for office, retail, service, or other businesses seeking high traffic, ample parking, and easy access. One unit remains available for lease in this recently updated center, measuring 24,964± square feet. Formerly a Lowe's Foods, it is co-anchored by Planet Fitness. The property is under new ownership and management, with ongoing improvements to enhance its value to tenants. Current tenants include Planet Fitness, Dollar Tree, San Jose Mexican Restaurant, Duffers Bar & Grill, Domino's Pizza, Burney's Bakery, Mason Dixon, OneMain Financial and TruFit Gym. Nearby retailers include Home Goods, Burke's, Hobby Lobby, Walmart, Home Depot, Lowes, Belk, Big Lots, Chili's, and Starbucks. Located in Brunswick County, the fastest-growing county in North Carolina, with a growth rate of 12% from 2020-2022 and a 13.25% increase in income. The Brunswick County Planning Department experienced a 572% increase in residential unit approvals among major subdivisions and planned developments between fiscal years 2020 and 2021. The available space is 24,694 square feet after subdivision to accommodate the 21,389 square foot Planet Fitness buildout.
    Location Intelligence

    Current Use by Public Records

    Redbox Movie Rental Kiosk Shallotte Commons Shopping ... Shopping Mall OneMain Financial Loan Agency Domino's Pizza Pizza Delivery TruFit Gym Fitness Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Shallotte Commons Shopping Center, Shallotte Station Shopping Center, Coinstar

    Location Insight

    • Map
    • Local Demand
    City
    Shallotte
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.3920645
    Latitude
    33.9654475

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    FAQs

    What type of property is this?
    Shopping center - Prime retail space available in a high-traffic shopping center.
    Where is this shopping center located?
    The property is located at 5051 Main St Shallotte, NC.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Located in Brunswick County, the fastest-growing county in North Carolina, indicating strong market potential.; - High-traffic location with ample parking and easy access, ideal for various businesses.; - Available unit is a large 24,964± SF space, formerly Lowe's Foods, offering significant square footage.
    (910) 393-7275
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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
    5051 Main St Shallotte, NC 28470
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