Renovated Restaurant
For Lease
$3,475/Mo
1705 Eastwood Road #5e2, Wilmington, NC 28405
Existing food-service infrastructure is in place at Landfall Shopping Center.
Space Size1,272 SF
Days on Market37
Property Features for 1705 Eastwood Road #5e2
General Information
Standard status
Active
Size
1,272 SF
Net Rentable
1,272 SF
Zoning
RB-REGIONAL BUS
Space & Availability
Available Space
1,272 SF
Contiguous Space
1,272 SF
Space Use
Restaurant
Site & Location
Neighborhood
Mayfaire
Additional Details
Second-Generation Restaurant
Yes
Taxes and HOA fees
Annual Taxes
$10,191
Building Details
Building Size
1,272 SF
Year Built
1996
Listing Agency:
DUFFUS REALTY INC.
Listed By:
Liles Stott
(252) 756-5395
Source:
Duffusrealty
Added: Sep 18
Changed: Oct 23
Last Checked: Oct 23 at 12:06PM
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 DUFFUS REALTY INC.
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Investment Insights
Based on property information with market context.
This 1,272-square-foot restaurant space in Landfall Shopping Center has been renovated and includes existing restaurant infrastructure. Furniture, fixtures, and equipment are also available for purchase. The current tenant is seeking to assign or release its leasehold interest, subject to landlord approval.
The property is at the intersection of Eastwood Road and Military Cutoff Road, near the Landfall residential community and surrounded by established neighborhoods, businesses, and retail amenities. The property is zoned RB-REGIONAL BUS and was built in 1996.
The property is at the intersection of Eastwood Road and Military Cutoff Road, near the Landfall residential community and surrounded by established neighborhoods, businesses, and retail amenities. The property is zoned RB-REGIONAL BUS and was built in 1996.
Key Highlights
- 1,272‑square‑foot restaurant space
- Leasehold assignment or release is subject to landlord approval
- Existing furniture, fixtures, and equipment available for purchase
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.92 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,577
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 28405, NC
31,775
Population
17,073
Households
1.9
Avg Household Size
41
Median Age
41%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,352
Density / Sq Mi
$67,809
Median Household Income
$41,265
Median Earnings
$1,405
Median Rent
$337,000
Median Home Value
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Market
Lease Benchmarks for Wilmington, NC
$110 /SF/Yr
Avg Asking Price
$32.78–$225 /SF/Yr
Price Range
1,491 SF
Avg Space Size
This space is priced 70% below the average of $110 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing food-service infrastructure is in place at Landfall Shopping Center.
Where is this conventional restaurant located?
The property is located at 1705 Eastwood Road #5e2 Wilmington, NC.
What is the lease rate?
The lease rate is $3,475/Mo.
What are key features of this property?
This property features: 1,272‑square‑foot restaurant space; Leasehold assignment or release is subject to landlord approval; Existing furniture, fixtures, and equipment available for purchase
