Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Leland, NC Title is generated by Realmo AI

    Olde Waterford Way, Leland, NC

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail spaces available in Leland, NC, delivery in late 2026.

    Type:RETAIL
    Property size:
    1,475 SF
    Lot size:
    3.60 Acres
    Added:
    Oct 30, 2024
    Days on Market:
    583
    Last Refresh:
    May 19 at 8:41 pm

    Property Features for Olde Waterford Way

    General Information

    Standard status
    Active
    Size
    1,475 SF
    Lot size
    3.60 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at Olde Waterford Way Contact us

    We can help!

    Listing Contact
    Patrick Riley
    Patrick Riley

    Listing agent Patrick Riley License #230175

    Listing office Cape Fear Commercial, LLC

    Listing date Oct 30, 2024

    Source Moodyscre

    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 Cape Fear Commercial, LLC

    HighLights

    • Located in the desirable Waterford submarket of Leland, North Carolina.
    • High traffic location on NC Highway 17 with over 58,000 vehicles per day.
    • Serves over 1,110 residences in the Waterford market.
    • Units available ranging from 1,475 SF - 3,265 SF, combinable for larger spaces (up to 24,958 SF).
    • Median household income within a five‑mile radius is above the state average.
    • Estimated delivery in late 2026.

    Overview

    The Marketplace at Waterford, with delivery estimated in late 2026, will be located off of Olde Waterford Way and Old Regent Way in the Waterford submarket of Leland, North Carolina. Individual units will range from 1,475 to 3,265 square feet, with opportunities to combine units for larger spaces up to 24,958 square feet. The Waterford market includes over 1,110 residences situated just behind The Marketplace at Waterford. The location is positioned on a highly trafficked section of NC Highway 17, which sees over 58,000 vehicles per day. The median household income within a five-mile radius is above the state average.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.021418
    Latitude
    34.215949

    Nearby Similar for Lease

    • $3,000/Mo
      1,555 SF

      Leland Medical Office Opportunity

      Move-in ready medical suite in a growing community.
      509 Olde Waterford Way, Leland, NC 28451
      View Details
    • $1,395/Mo
      850 SF

      Leland, NC Commercial Office Space

      Free-standing office building with off-street parking for lease.
      3660 Old Maco Road NE, Leland, NC 28451
      View Details
    • $25 SF/Yr
      1,971 SF

      Leland NC Professional Office Suites

      Professional office suites for lease in Magnolia Village, Leland, NC.
      1022 Grandiflora Drive, Leland, NC
      View Details
    • $27 SF/Yr
      7,000 SF

      New Construction Professional/Medical Office Space

      Modern office space ideal for medical, dental, or professional services.
      1160 E Cutlar Crossing, Leland, NC
      View Details
    • $17 SF/Yr
      21,000 SF

      Flex Space in Leland, NC

      21,000 SF flex building delivering in 2026.
      2000 Mercantile Dr, Leland, NC
      View Details
    • $6,000/Mo
      5,000 SF

      Leland Warehouse with Fenced Yard

      5,000 SF warehouse with fenced laydown yard for rent.
      9600 Ploof Rd, Leland, NC
      View Details
    • $28 SF/Yr
      2,166 SF

      Leland, NC Office Space

      Well-appointed office space available for lease in Leland, North Carolina.
      1003 Olde Waterford Way, Leland, NC
      View Details
    • $35 SF/Yr
      3,600 SF

      RETAIL

      1104 Eastowne Court, Leland, NC
      View Details
    • $9 SF/Yr
      158,760 SF

      Warehouse/Distribution Class A Space

      First generation Class A warehouse/distribution space available for lease.
      1335 Cedar Hill Rd, Leland, NC 28451
      View Details
    • $23 SF/Yr
      2,890 SF

      Retail/Office Space in Leland

      Available retail/office space in mixed-use development near Wilmington.
      2155 Britton Rd, Leland, NC
      View Details
    • $22 SF/Yr
      5,644 SF

      Leland Office Condominium For Sale

      Office condominium in Leland, NC, near Wilmington/Wrightsville Beach.
      1176 East Cutlar Crossing, Leland, NC
      View Details
    • $20 SF/Yr

      Mixed-Use Property in Leland, NC

      Mixed-use property with retail and office spaces near Wilmington.
      2155 Britton Rd, Leland, NC 28451
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail spaces available in Leland, NC, delivery in late 2026.
    Where is this strip mall located?
    The property is located at Olde Waterford Way Leland, NC.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: Located in the desirable Waterford submarket of Leland, North Carolina.; High traffic location on NC Highway 17 with over 58,000 vehicles per day.; Serves over 1,110 residences in the Waterford market.
    (910) 264-2153 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Patrick Riley
    Patrick Riley
    Real Estate License ID: 230175
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Olde Waterford Way, Leland, NC
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!