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    904 North Lake Park Blvd Carolina Beach, NC 28428

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    For Lease
    $32 SF/Yr ($7,992 /Mo)

    New retail space in luxury apartment complex near Carolina Beach.

    Property size:
    2,997 SF
    Lot size:
    11.57 Acres

    Property Features for 904 North Lake Park Blvd

    General Information

    Size
    2,997 SF
    Lot size
    11.57 Acres

    Source: Cape Fear Commercial, LLC Agent Patrick Riley

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

    Overview

    New Retail Space Near Beach

    The Proximity at Carolina Beach features approximately 30,000 square feet of retail space within a new apartment complex consisting of 250 luxury apartments. The complex includes a resort-style pool and gym with memberships available to the public. Located less than two minutes from the water's edge, the property is intended to be a destination for both residents and tourists. Current tenants include Drift Coffee, Riko’s Pizza, Boombalatis, and K38. The available unit, with a size of 2997 square feet, will be delivered as a cold dark shell in January 2025. The landlord is offering $60 per square foot in tenant improvement allowance.
    Location Intelligence

    Current Use by Public Records

    Proximity Carolina Beach Apartment Complex

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Carolina Beach
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8962729
    Latitude
    34.0255675

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    FAQs

    What type of property is this?
    Retail space - New retail space in luxury apartment complex near Carolina Beach.
    Where is this retail space located?
    The property is located at 904 North Lake Park Blvd Carolina Beach, NC.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail space in a brand new, luxury apartment complex.; - Located less than 2 minutes from Carolina Beach.; - Resort-style pool and gym on-site.
    (910) 264-2153
    Request Owner's contact information
    904 North Lake Park Blvd Carolina Beach, NC 28428
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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
    904 North Lake Park Blvd Carolina Beach, NC 28428
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